# Mysteel Morning Report: Domestic Fishmeal Market Stabilizes, Spot Price Fluctuations Limited (20261103)

> China's domestic fishmeal market is holding at high levels with port inventories declining slowly and spot supply tight, while traders hold prices firm. Peruvian super fishmeal is quoted at 26,000–26,500 yuan per tonne. High prices are curbing feed mills' purchasing, which is mostly limited to small rigid-demand orders.

- Date: 2026-11-03 · published 2026-11-04T00:09:08.906Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/78546-mysteel-morning-report-domestic-fishmeal-market-stabilizes-spot-price
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Tight spot supply and high prices keep fishmeal costs elevated for Chinese feed producers, but weak downstream buying is limiting further upside momentum.

## Read by commodity

- FISHMEAL: neutral

## Sources

- ncp.m.mysteel.com: https://ncp.m.mysteel.com/a/26110308/FB32D6249FCB98A0_abc.html

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