# China's fishmeal inventories exceed 200,000t as prices drop further - Undercurrent News

> China's imported fishmeal inventories exceeded 200,000 tons, and prices continued to decline. Traders view the 200,000-ton level as a turning point for bearish sentiment.

- Date: 2023-12-11 · published 2023-12-11T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/32812-china-s-fishmeal-inventories-exceed-200-000t-as-prices-drop-further
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Inventory overhang in China weighs on global fishmeal import demand and pressures prices for feed buyers.

## Read by commodity

- FISHMEAL: bearish ▼

## Sources

- undercurrentnews.com: https://www.undercurrentnews.com/2023/12/11/chinas-fishmeal-inventories-exceed-200000t-as-prices-drop-further/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.