# Mysteel Daily: China's fishmeal port inventories fall below 100,000 tonnes as spot prices hold steady (20261112)

> Chinese fishmeal port inventories have dropped below 100,000 tonnes, leaving tradable low-priced supply largely exhausted. Spot quotes for Peruvian Super, Japanese grade and standard fishmeal held at 26,200-26,500, 25,000-25,500 and 23,000-23,500 yuan per tonne. Indian, Thai and Vietnamese fishmeal are also quoted higher as buyers switch to cheaper origins.

- Date: 2026-11-12 · published 2026-11-12T12:06:27.917Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/95354-mysteel-daily-china-s-fishmeal-port-inventories-fall-below-100-000-tonnes-as
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Tight domestic stocks give sellers pricing power and support fishmeal prices, while weak aquaculture demand limits feed mills to buying only as needed. Prices are expected to consolidate at high levels in the short term.

## Read by commodity

- FISHMEAL: bullish ▲

## Sources

- ncp.mysteel.com: https://ncp.mysteel.com/a/26111217/88B28FE760E1A756.html

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