The inventory pressure of fishmeal is large, and the domestic port has suspended quotation provided by the agricultural website navigation:
Foreign Fishmeal Inventory and Quotation
As of December 19, the fishmeal inventory at the main domestic ports was approximately 202,500 tons, with port shipments reaching around 1,520 tons.
FOB Price (USD/ton):
Peru: 65% protein ordinary direct fire fishmeal $1290-1300; 65% protein ordinary steam fishmeal $1290-1300; 67% protein premium steam fishmeal $1340-1410; 68% protein premium steam fishmeal $1440-1460.
Chile: 65% protein ordinary steam fishmeal $1430-1450; 67% protein premium steam fishmeal $1450-1500; 68% protein premium steam fishmeal $1550-2300.
National Quality FOB Price (USD):
Peru Super Premium (SD68%) $1440-1460
Chile Super Premium (SD68%) $1550-2300
Peru Ordinary (FAQ65%) $1290-1300
Chile Premium (SD67%) $1450-1500
Peru Ordinary (SD65%) $1290-1300
Peru Premium (SD67%) $1340-1410
Chile Ordinary (SD65%) $1430-1450
Latest International Fishmeal Quotations (Peru, Chile)
New Fishing Season Status
The Peruvian Ministry of Production issued Decree No. 2010-332, allowing some ports to resume fishing for two days, starting from midnight on December 16 to midnight on December 17. The fishing area is defined between 5°S and 15°S latitude, i.e., from the port of Paita to Atico-Mollendo(San Juan).
Other Feed Information
Last week, affected by the rise in CBOT corn and wheat prices, the Dalian corn futures main contract C1109 rose significantly. Except for Monday and Wednesday which closed lower, the other three days were all higher, shifting the center of gravity upward. The initial opening price of the C1109 contract was 2290 yuan/ton, the highest price was 2319 yuan/ton, and the lowest price was 2279 yuan/ton. On Friday, it closed at 2312 yuan/ton, up 32 yuan/ton week-on-week, a rise of 1.4%. Total trading volume was 1,335,292 lots, with open interest increasing to 334,670 lots.
From the trend perspective, the Dalian cargo market performance slightly improved, successfully holding the 10-week moving average line, breaking through the 5-week moving average line, MACD red column continued to shorten, and the previous technical correction form is being repaired. The central bank announced late on the evening of the 10th that it decided to raise the RMB deposit reserve ratio for deposit-taking financial institutions by 0.5 percentage points starting December 20; the National Bureau of Statistics announced that the November consumer price index (CPI) increased year-on-year by 5.1%, setting a 26-month high; this will be the main short-term bearish factor in the market. It is suggested to continue paying attention to the movement of the futures price near the 2300 level; without fundamental support, it is estimated that the corn will have limited further upside space, and investors should be cautious about chasing highs.
Relevant Domestic Information
On December 18, there was no quotation in the Tianjin Port fishmeal market; on December 18, some traders in the Shanghai Port fishmeal market temporarily had no public quotations. Currently, the reference price for ordinary grade fishmeal in the local area is around 9000 yuan/ton, and the reference price for super steam fishmeal is around 10300 yuan/ton, with transaction prices ranging from 10000-10300 yuan/ton, mostly based on negotiated pricing. Recently, most local traders still maintain a strong reluctance to sell new goods, but feed companies remain heavily observing.