# Seafood Media Group - Worldnews - Week 10 fishmeal and fish oil market situation

> Norway has not allocated any capelin for fishmeal production so far this season, and catches destined for fishmeal and fish oil through week 10 totaled 94,933 tonnes at an average price 44 percent below a year earlier. In China, fishmeal port inventories were around 180,000 tonnes at the start of week 10, and the Peruvian market was described as stable.

- Date: 2019-03-20 · published 2019-03-20T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/59989-seafood-media-group-worldnews-week-10-fishmeal-and-fish-oil-market-situation
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Weak Norwegian catch volumes and high Chinese inventories point to ample near-term fishmeal supply, which limits upside in prices even as Peru's output outlook weakens.

## Read by commodity

- FISHMEAL: neutral

## Sources

- seafood.media: https://seafood.media/fis/worldnews/worldnews.asp?country=0&day=20&df=0&id=102034&l=e&monthyear=&ndb=1&special=

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