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

2020-04-30 www.cofeed.com

 

China Fishmeal Supply & Demand Estimates (May2020)
                                     Year
  Volume
2016 2017 2018 2019 2020*
  Est. Est. Est. Dec May
Beginning Stocks 16.8 10.8 9 17 20
Imports 104 158 145 135 133
Production 17 27 38 39 38
Total Supply 137.8 195.8 192 191 191
Consumption 125.5 186.7 174.9 170.9 174.5
Exports 0.1 0.1 0.1 0.1 0.1
Total Use 125.6 186.8 175 171 173.5
Ending Stocks 10.8 9 17 20 17.5
Stock-to-Use Ratio 8.60% 4.82% 9.71% 11.70% 10.09%
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.