# Mysteel Daily: Fishmeal Inventories Steadily Drawn Down, Prices Hold Firm (20261102)

> 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.

- Date: 2026-11-02 · published 2026-11-03T03:06:08.588Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/76852-mysteel-daily-fishmeal-inventories-steadily-drawn-down-prices-hold-firm-20261102
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

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.

## Read by commodity

- FISHMEAL: bullish ▲

## Sources

- ncp.mysteel.com: https://ncp.mysteel.com/a/26110217/EE41A44C57264977.html

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