# Seafood Media Group - Worldnews - Weekly movements of fishmeal and fish oil (Norway, China, Peru) Week 36-37

> Norway's fish reduction catch for the period through week 36 was 550,311 tonnes, down 19% year on year, at an average price of NOK 2.85/kg. Chinese fishmeal inventories were about 290,000 tonnes at the start of week 37, and Chinese port prices for FAQ 65% meal fell to RMB 9,500/t from RMB 9,650/t. Peruvian fishmeal prices also fell by about USD 50/t amid high Chinese stocks.

- Date: 2019-09-13 · published 2019-09-13T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/57161-seafood-media-group-worldnews-weekly-movements-of-fishmeal-and-fish-oil-norway
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Heavy Chinese inventories and softer port prices point to weaker fishmeal values, while lower Norwegian catches offer limited support. Buyers should expect continued pressure on fishmeal prices while stocks remain high.

## Read by commodity

- FISHMEAL: bearish ▼

## Sources

- seafood.media: https://seafood.media/fis/worldnews/worldnews.asp?country=104&day=13&df=0&id=104537&l=e&monthyear=9-2019&ndb=1&special=

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