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Fishmeal inventories at China's major ports fell further to 108,500 tonnes as of 2 November. Spot quotes held firm, with Peruvian super fishmeal at 26,000-26,500 yuan per tonne and Japanese-grade at 25,000-25,500 yuan.
High prices have kept end-user demand to small, need-based purchases.
Low port stocks and expected supply tightness give traders support, which keeps domestic fishmeal prices elevated and limits downside. Buyers face higher feed costs while demand stays cautious.
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.
