Indian Fish Meal & Fish Oil Report WEEK 39 & 40
Busy two weeks has made us delay the posting of this report . Nothing speical situation yet from Mangalore region . Raw material landing is very poor and priced at 16-18Rs/Kg (245-265USD/MT) for last two weeks . Fish Meal price is also stable between 70-75Rs/Kg (1150USD/MT) for 60% Protein .Everyone is puzzled due to poor landing of raw fish and we are unable to make conclusion as though what is the reason at this moment . Producers in mangalore still belive there will be good landings by end of thsi month like it happened in 2014.
1.Raw Fish Price
Count
|
Price
|
Sardine
|
17-18 Rs/Kg
|
Chamman
|
16 Rs/Kg
|
2.Domestic Fish Meal Price
CP
|
Price
|
60%
|
73 Rs/Kg
|
62%
|
78 Rs/Kg
|
3. International Price
Shipments made to Taiwan was reported at 1350USD/MT FOB Mangalore during last week .
4. Exports from India
Port
|
Quantity
|
Tuticorin
|
400 MT
|
Petrapole
|
283 MT
|
Tuticorin
|
21 MT
|
TOTAL
|
704 MT
|
Fish Meal (Country wise)
Country
|
Quantity
|
Bangladesh
|
283 MT
|
Taiwan
|
400 MT
|
Others
|
21 MT
|
TOTAL
|
704 MT
|
Fish Oil (Port wise)
Port
|
Quantity
|
Mangalore
|
498 MT
|
Goa
|
100 MT
|
Others
|
0 MT
|
TOTAL
|
598 MT
|
Fish Oil (Country wise)
Country
|
Quantity
|
Malaysia
|
206 MT
|
Chile
|
200 MT
|
Others
|
192 MT
|
TOTAL
|
598 MT
|
5. Imports to India
No imports was recorded for Week 39 & 40 .
6.General News
We had reported that Indian farmers will not resume for 2nd season of farming but adding to which we have further bad news which is The prevalence of microsporidian EHP in shrimp farms could further see fall of 10-20% of production this year .US good inventory and Inactive Europe purchases could result in further fall of price of shrimps in India . Now this is main reason behind price of Fish Meal to be ramained at 70-75Rs/Kg at domestic market . As we see at our report shipments for Taiwan has already started and believe it will be strong in next coming weeks
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