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

2020-04-03 www.cofeed.com

Item/Year 2016 2017 2018 2019 2020*
  Est. Est. Est. Est. Apr Proj.
Beginning Stocks 16.8 10.8 9 17 20
Imports 104 158 145 135 134
Production 17 27 38 39 38
Total Supply 137.8 195.8 192 191 192
Consumption 125.5 186.7 174.9 170.9 178.9
Exports 0.1 0.1 0.1 0.1 0.1
Total Use 125.6 186.8 175 171 179
Ending Stocks 10.8 9 17 20 16
Stock-to-Use Ratio 8.60% 4.82% 9.71% 11.70% 8.94%
Remarks *Marketing Year: January to December