Chinese Protein meal market update :

 

FISHMEAL

Total Importing Jan - March: 338,000 mt (mainly from Peru 210,000 mt) with averaged price US$1,454/mt CIF 

(price is for reference only as mixed with various quality & origins) 

Total imported 2016:  1.03 millions tons/annual avg. 1554/mt CIF

 

We estimated that fishmeal RMB price is continuing weak in coming week. 

Major Factors: