# Seafood Media Group - Worldnews - Weekly movements of fishmeal and fish oil (Norway, China, Peru) Week 33-34

> Norwegian fish landings destined for reduction through week 33 totaled 531,611 tonnes, down 19% year on year, at an average price of NOK 2.79/kg. Chinese fishmeal port inventories stood at 277,000 tonnes, and FAQ and SD fishmeal prices eased slightly in week 33.

- Date: 2019-08-26 · published 2019-08-26T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/57664-seafood-media-group-worldnews-weekly-movements-of-fishmeal-and-fish-oil-norway
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Lower Norwegian reduction catches and high Chinese stocks cross in opposite directions, but the slight price softening points to ample near-term supply and weaker fishmeal prices.

## Read by commodity

- FISHMEAL: bearish ▼

## Sources

- fis-net.com: http://www.fis-net.com/fis/worldnews/worldnews.asp?country=0&day=26&df=0&id=104213&l=e&monthyear=8-2019&ndb=1&special=0

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