Comments on the market of Tianbao fish meal in the 20th week of 2002

Introduction: last week (May 13 to May 19) in Peru, the fish catch was very good The total fish catch was 527000mt This fish catch is still the largest weekly fish catch this year, and the volume of the fish has also improved Now the proportion of small fish is much less than a few weeks ago (about 20%) Due to the excellent fish harvest and the large reduction of fish meal consumption all over the world due to the high price of fish meal before, the short-term supply exceeds the demand, and the price of fish meal in the international market has been greatly reduced The price of domestic fish meal is also under pressure due to the price reduction of peripheral fish meal Due to the slow delivery of goods, coupled with the reduction of the international market and the automatic reduction of the price of a large number of goods shipped from South America (no less than 160000 MT), the importers hope to reduce the supply of goods in hand and the supply of goods that have not been ordered, especially the futures in June and July, and even some importers sell at a price close to the cost of imports (about 700 / mt cheaper than the spot price of about 6100) However, it did not promote the sales volume of domestic fish meal Instead, the users refused to buy fish meal at the same time in order to buy at a lower price European buyers see that China is not active in buying goods, and the consumption of fish meal is relatively reduced, and they are not eager to enter the market to buy goods The turnover of fish meal in recent week is very small It is estimated that the supplier will start to feel the pressure of inventory next and be more willing to accept the fact that the price reduction is needed It is worth noting that there are rumors in the market recently that Peru will be banned from fishing in June Is there any hype about 10 days to two weeks in order to stabilize the decline of fishmeal?