# Seafood Media Group - Worldnews -  International situation of fishmeal and fish oil (Norway, China, Peru, Weeks 19-21)

> Fis.com reports Norway's fish destined for reduction totaled 352,792 tonnes through week 19, down 34% year on year, with the average price at NOK 2.51/kg. Chinese fishmeal port prices were about 10,100 RMB/t for FAQ 65% in week 20, up slightly from week 19, and Chinese inventories stood at 227,000 tonnes.

- Date: 2019-05-23 · published 2019-05-23T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/59006-seafood-media-group-worldnews-international-situation-of-fishmeal-and-fish-oil
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Lower Norwegian raw fish supply tightens the global fishmeal and fish oil balance. Rising Chinese port prices and stable inventories point to firm fishmeal pricing ahead of the Peruvian season ramp-up.

## Read by commodity

- FISHMEAL: bullish ▲

## Sources

- fis-net.com: http://www.fis-net.com/fis/worldnews/worldnews.asp?day=23&id=102949&l=e&monthyear=&ndb=0&special=0

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