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Mysteel reports Chinese port fishmeal inventories have fallen below 100,000 tonnes, leaving supply structurally tight. Quoted prices are 26,200-26,500 yuan/t for Peruvian super fishmeal, 25,000-25,500 yuan/t for Japanese grade and 23,000-23,500 yuan/t for common grade, with prices edging higher as Indian and domestic demand picks up.
Low port stocks give holders pricing power, so prices are likely to stay high in the short term, though weak aquaculture demand limits restocking and caps upside for buyers.
ncp.mysteel.comNov 13, 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.
