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Cofeed:China Fishmeal Supply and Demand Estimates (Feb, 2020)

2020-02-07 www.cofeed.com

China Fishmeal Supply & Demand Estimates (Jan 2020)
                                     Year
 Item
2016 2017 2018 2019 2020*
  Est. Est. Est. Est. Feb
Beginning Stocks 16.8 10.8 9 17 20
Imports 104 158 145 135 133
Production 17 27 38 39 39
Total Supply 137.8 195.8 192 191 192
Consumption 125.5 186.7 174.9 170.9 173.9
Exports 0.1 0.1 0.1 0.1 0.1
Total Use 125.6 186.8 175 171 174
Ending Stocks 10.8 9 17 20 18
Stock-to-Use Ratio 8.60% 4.82% 9.71% 11.70% 10.34%
Remarks *Marketing Year: January to December