China Domestic Production Update 2018/2019

Per CFO fishmeal annual conference report, total fishmeal imported is estimated at about 1.2-1.3 millions tons in 2018 which is lower than previous year mainly because the fishmeal int’l price is continuing firm at higher level and recent RMB depreciation which is not benefit for importing.  As for China local produced fishmeal, supply is also declining with details as below:

 

Fishmeal Production: