Fishmeal prices in China rise again with most stocks ‘already committed’
Offer prices for Peruvian superprime fishmeal jumped by another CNY 500/t over the weekend in China amid a rapid decline in port inventories
China fishmeal prices increase further with inventories dropping, situation ‘chaotic’
With the decrease in Chinese port inventories and Peru's determination to close its anchovy fishing season, the price of fishmeal in the former has risen by another $140/t
Peruvian minister slaps down industry hopes of a first anchovy season
Despite Peru's government canceling the first fishing season, on June 14, the head of Peru's top fishmeal industry body said its members could still potentially fish 'for a month or a month-and-a-half'
Peru’s canceled anchovy season puts boosters on fishmeal prices in China
Peru's canceled first anchovy fishing season has sent fishmeal prices soaring in China as buyers grapple with the prospect of reduced output from the world's largest producer of the marine ingredient
Ecuadorian firm Nirsa reports 2022 loss despite increased sales
Negocios Industriales Real (Nirsa), one of Ecuador's largest tuna and shrimp suppliers, reported a loss of $5.7m for the year, down from a $3.5m profit it generated in 2021
Avanti Feeds: Indian shrimp stockings down by 30% in 2023
The drop in stockings follows a weaker-than-expected start to 2023 due to flagging imports by the US, India's largest market for shrimp
Blumar posts 32% Q1 earnings hike due to greater sales, higher salmon prices
Chilean firm Blumar's Q1 revenues rose 23% year-on-year to $182.4 million, while its Q1 EBITDA rose 32% to $439.5m
South Africa’s Oceana boosts profits, sales despite ‘challenging’ environment
South Africa's Oceana reported strong interim results on the back of increased sales volumes and high fishmeal and fish oil prices for its South African and US-based fishing operations
Peruvian fishmeal prices ‘down psychologically’ after quota announcement, says trader
James Frank, managing director of Peruvian fishmeal trading company, MSICeres, told Undercurrent News the announcement was a relief for buyers and sellers who had pre-bought and sold large volumes of fishmeal from the first fishing season
Agri-titan Scoular chases booming pet food market with frozen fish facility acquisition
Global agribusiness titan Scoular is making good on its promise of aggressive growth and has sunk its claws deeper into the US seafood-based pet food market