Week 32 fish meal Market Review
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Last Update: 2002-08-22
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Source: Internet
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Author: User
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Introduction: new page 1: due to the very small inventory in Peru, the suppliers with goods on hand (mostly steam dried fish meal) are not eager to sell goods In order to fill the ship or copy the last ship to China, the traders have to brag to buy no less than 150000mt of fish meal from 575 to fas615 (different grades of fish meal) With this wave of purchases, Peru has almost no inventory, so recently a Chinese importer even used up to 10000 to 150000 tons of common grade Chilean fish meal On the domestic side, due to the impact of foreign prices, the increase of aquatic product consumption and the decrease of inventory, the price of PGL began to increase significantly, with an average increase of ¥ 100 / ¥ 150 In the next few months, the price trend of domestic fish meal is expected to only rise steadily, so the rise to that price will depend on: PGL 1 The consumption of fish meal in September, October, November and the end of December; whether the existing supply of about 300000 MT can meet the domestic demand PGL 2 When will Peru lift the ban and the fishing situation after lifting the ban PGL 3 How much is the effect of El-Nino on fish catch in South America PGL 4 Whether there is another wave of uncertain factors of VAT 5 How to operate the fish meal market in the next few months PgL
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