# Thai fishmeal slides to lowest price in 7 years – Asian Agribiz

> Thai fishmeal prices fell to USD1.04/kg, their lowest level in seven years. The Thai Fishmeal Producers Association says China and Vietnam are cutting animal feed production, leaving an overstock.

- Date: 2019-07-04 · published 2019-07-04T12:00:00.000Z
- Category: trade · region Thailand · magnitude medium
- Page: https://feedsoft.ai/events/58180-thai-fishmeal-slides-to-lowest-price-in-7-years-asian-agribiz
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Weaker feed output in major importers cuts fishmeal demand and pressures prices lower across Asian markets.

## Read by commodity

- FISHMEAL: bearish ▼

## Sources

- asian-agribiz.com: https://www.asian-agribiz.com/2019/07/04/thai-fishmeal-slides-to-lowest-price-in-7-years/

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