Indian Fish Meal & Fish Oil Report WEEK 34
The weather in West Coast of India is getting better and better for fishing . Fishermen have taken good advantage of the same .With improved fishing from Kerala, Mangalore producers received very good volume of Sardines .The price dropped down to 20.50 - 21Rs/Kg for raw material last week .The oil content of sardines were considerably on a lower side with 2-3% oil yield.
Coming to the local Fish Meal price we have had two different prices for Tamil Nadu fish meal and Mangalore Fish meal . CP Group bought fish meal from Mangalore producers at 100-104Rs/Kg and Tamil Nadu producers at 105-108Rs/Kg for CP 60% . As per our last report the price were expected to drop and it is so now .We believe if the fishing is better then the price will be further down in coming weeks .
1.Raw Fish Price
Count
|
Price
|
Sardine
|
20-21Rs/Kg
|
Mixed
|
18 Rs/Kg
|
2.Domestic Fish Meal Price
CP
|
Price
|
60%
|
105Rs/Kg
|
62%
|
108Rs/Kg
|
3. International Price
No fish meal export price available this week .
4. Exports from India
Port
|
Quantity
|
Mangalore
|
0 MT
|
Pipava
|
100 MT
|
Petrapole
|
350 MT
|
TOTAL
|
450 MT
|
Fish Meal (Country wise)
Country
|
Quantity
|
Bangladesh
|
450 MT
|
Sri Lanka
|
0 MT
|
Taiwan
|
0 MT
|
TOTAL
|
450 MT
|
Fish Oil (Port wise)
Port
|
Quantity
|
Mangalore
|
200 MT
|
Petrapole
|
0 MT
|
Kolkata
|
0 MT
|
TOTAL
|
200 MT
|
Fish Oil (Country wise)
Country
|
Quantity
|
Malaysia
|
100 MT
|
Bangladesh
|
40 MT
|
Vietnam
|
60 MT
|
TOTAL
|
200 MT
|
5. Imports to India
During last week 80MT of Fish Meal has been imported from Thailand again.
6.General News
As per our last report after several meetings with Green Tribunal in Chennai , Ullal producers have finally managed to get a stay order for short period . We are sure , the producers will manage to avoid further issues and problems with Green Tribunal in coming months .
3 out of 14 plants in Ullal were still under maintenance and auditing during lat week . Sources say that these audits were for licence for export of Fish Meal to China . Further updates on this will be posted in coming week.
3 out of 14 plants in Ullal were still under maintenance and auditing during lat week . Sources say that these audits were for licence for export of Fish Meal to China . Further updates on this will be posted in coming week.
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