# Welcome to global CFO

> Chinese fishmeal cash prices at Shanghai held firm at RMB 10,400-10,900/ton in the week, and port stockpiles were rising toward a projected 300k tons by late Q3. Peru's first anchovy season finished with reported achievement of 96.09% as of July 30.

- Date: 2019-08-06 · published 2019-08-06T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/57494-welcome-to-global-cfo
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Rising Chinese port stocks and plentiful Peruvian supply suggest limited near-term fishmeal price support through the rest of Q3.

## Read by commodity

- FISHMEAL: bearish ▼

## Sources

- chinafeedonline.com.hk: https://www.chinafeedonline.com.hk/node/1831

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