| China Fishmeal Supply & Demand Estimates (Oct, 2019) | |||||
| Year Volume |
2016 | 2017 | 2018 | 2019* | 2019* |
| Est. | Est. | Est. | Aug Proj. | Sep Proj. | |
| Beginning Stocks | 16.8 | 10.8 | 9 | 17 | 17 |
| Imports | 104 | 158 | 145 | 141 | 136 |
| Production | 17 | 27 | 38 | 43 | 39 |
| Total Supply | 137.8 | 195.8 | 192 | 201 | 192 |
| Consumption | 125.5 | 186.7 | 174.9 | 182.9 | 168.9 |
| Exports | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Total Use | 125.6 | 186.8 | 175 | 183 | 169 |
| Ending Stocks | 10.8 | 9 | 17 | 18 | 23 |
| Stock-to-Use Ratio | 8.60% | 4.82% | 9.71% | 9.84% | 13.61% |
| Remarks | *Marketing Year: January to December | ||||

The above is for reference only and does not constitute any suggestion, so the investor shall take his own risk if operating accordingly.