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On 3 November, fishmeal prices at Tianjin Port were consolidating with a firm bias. Peruvian super fishmeal (68%+ protein) was quoted at RMB26,000-26,500 per tonne, Japan-grade at RMB25,000-25,500, and general grade at RMB23,000, with spot supply tight and deals negotiated case by case.
Spot fishmeal tightness at Tianjin confirms that Peruvian supply shortfalls are sustaining high prices in China's main import port. Buyers face elevated protein costs until Peruvian supply recovers.
ncp.mysteel.comNov 3, 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.
