More than 60% of Peruvian fishmeal has been pre-sold, China offers $1,500/ton

James Frank, general manager of Peruvian fishmeal exporter MSICeres, said: "Since the start of the fishmeal season on November 1, about 360,000 tons of fishmeal have been pre-sold, accounting for 62% of the expected production. The market was very active last week. Chinese buyers bought a large amount of super fishmeal at a price of $1,500/ton CFR. Southeast Asia, Germany, Ecuador and Peruvian local markets also had large transactions." In the 46th week, the price of Peruvian fishmeal in Shanghai Port was CNY 12,800/ton, or $1,771/ton, lower than CNY 12,800/ton in the same period last year. 17,550/ton. The combined price of Peruvian and Chilean fishmeal in October was $1,495/ton, down from $1,611/ton in September and $2,127/ton in October last year. Fish oil prices also fell significantly, with the average price of Peruvian feed-grade fish oil at $2,750/ton in October, down from $3,230/ton in September. In October 2022, the price of Peruvian fish oil was as high as $7,240/ton, and ...