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On November 2, fishmeal quotes at Tianjin Port held steady. Peru super fishmeal (68%+ protein) was referenced at 26,000-26,500 yuan/t, Japan-grade at 25,000-25,500 yuan/t, and standard 65% grade with freshness under 150 at about 23,000 yuan/t.
Spot supply is tight and deals are negotiated one by one.
Tight domestic fishmeal supply and high Peruvian-grade quotes keep feed costs elevated for Chinese compounders. Steady prices with thin trading point to firm but not rising near-term values.
ncp.mysteel.comNov 2, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
