|
Back
 x 0
 x 0
|
Revenue Flow in the Peruvian Fishing Sector.
Peruvian anchovy is the largest single-species fishery in the world and supports a sizeable fishmeal industry. A new economic study shows that seafood for human consumption generates most of the revenue in the fisheries sector.
It said " The size of the circles is proportional to the revenue generated."
This fish is completely or totally undervalued.
Thinktoprofit said " China Fish ranges the global top 3 players and yet funds are not buying. Need to be cautious here. For me, not the time to buy yet." There are more than 1 retailer investor holding million of dollars in this BB.
Leongsan said " Carlyle 11.2%"
The Carlyle Group is an American-based global asset management firm, specializing in private equity. They operate in four business areas : private equity, real assets, market startegies, and fund of funds, through its AlpInvestsubsidiary.
If you want to catch ordinary fish, it is easy. But if you want to catch a Marlin, King of the Ocean, you must be Patience ..... Enjoy 
SLPY69 ( Date: 18-May-2014 07:00) Posted:
And it is said " A new economic study shows that seafood for human consumption generates most of the revenue in the fisheries sector."
Infographic: Revenue flow in the Peruvian fishing sector (Christensen et al). Click thumbnail to enlarge/download.
|
|
|
|
Good Post
Bad Post
|
x 0
x 0
|
Revenue Flow in the Peruvian Fishing Sector.
Peruvian anchovy is the largest single-species fishery in the world and supports a sizeable fishmeal industry. A new economic study shows that seafood for human consumption generates most of the revenue in the fisheries sector.
It said " The size of the circles is proportional to the revenue generated."
This fish is completely or totally undervalued.
Thinktoprofit said " China Fish ranges the global top 3 players and yet funds are not buying. Need to be cautious here. For me, not the time to buy yet." There are more than 1 retailer investor holding million of dollars in this BB.
Leongsan said " Carlyle 11.2%"
The Carlyle Group is an American-based global asset management firm, specializing in private equity. They operate in four business areas : private equity, real assets, market startegies, and fund of funds, through its AlpInvestsubsidiary.
If you want to catch ordinary fish, it is easy. But if you want to catch a Marlin, King of the Ocean, you must be Patience ..... Enjoy
SLPY69 ( Date: 18-May-2014 07:00) Posted:
And it is said " A new economic study shows that seafood for human consumption generates most of the revenue in the fisheries sector."
Infographic: Revenue flow in the Peruvian fishing sector (Christensen et al). Click thumbnail to enlarge/download.
|
|
|
|
Good Post
Bad Post
|
x 0
x 0
|
I am sure the Canadian and Peruvian Researchers know what they are doing and talking about. Anchovies health benefits in the form of essential fatty acids, protein and other nutrients.
Don' t hold the anchovies: Study shows Peruvian fish worth more as food than as feed.
We may not have a crystal ball, but from the study, we know the current business trend point to a not so distant future that will be totally different from fishmeal to food for human consumption.
We know the Asians and Chinese are lovers of food. Enjoy .....
T2LE56 ( Date: 20-Jun-2014 09:34) Posted:
Don' t hold the anchovies: Study shows Peruvian fish worth more as food than as feed
Media Release | November 13, 2013
Rethinking the potential of anchovies could pay big dividends for the Peruvian fishing industry. Photo: Paul Asman and Jill Lenoble, Wikimedia Commons.
The true potential of Peruvian anchovy lies not in fishmeal but as food for people and as part of the ocean food web, according to Canadian and Peruvian researchers.
The Peruvian anchovy is the world' s biggest fishery resource, with annual landings of five to 10-million metric tons. It generates up to one-third of the world' s fishmeal supply. But a new study reveals the bulk of the revenue and employment comes from producing the seafood for human consumption.
" Anchovy accounts for upwards of 80 per cent of Peruvian landings by weight, but it' s only responsible for 31 per cent of the sector' s revenue," says Villy Christensen, a professor in the University of British Columbia Fisheries Centre. " It hasn' t lived up to its true economic value because almost all of it is ground up for low-value fish oil or fishmeal."
Fishing in Peru is often associated with industrial-scale catch of anchovies. (Photo: Patricia Majluf)
Christensen and colleagues at the Centre for Environmental Sustainability (CSA) at Cayetano Heredia University in Peru calculated the economic impact of anchovy and other Peruvian fisheries. They found that artisanal fishers, wholesalers, markets and restaurants generated US$2.4 billion per year, or 69 per cent of total revenue.
Meanwhile, the fishmeal industry generated only $1.1 billion, or 31 per cent of revenue. Similarly, of all the jobs supported by fishing in Peru, more than 80 per cent were part of the seafood industry. Details are published in the current issue of the journal Marine Policy.
" Current Peruvian regulations only allow anchovy caught by artisanal or small boats to be used for human consumption, forcing the majority of the landings to be exported as fishmeal," says Patricia Majluf, CSA Director and the project' s Peruvian lead.
Video: Prof. Patricia Majluf summarizes findings of the study. ( Video en españ ol)
" There are far more economic and food security benefits to Peru to channel fisheries for human consumption," adds Majluf, who launched a campaign in 2006 to encourage Peruvian chefs to incorporate anchovy on their menus. " We need to reform our laws to allow anchovy fishery to reach its full economic potential."
|
AddLuck ( Date: 21-Jun-2014 12:27) Posted:
Bro, the achovies here are called Kang Hu. In there, it is different, the picture posted looked more like the Tiow Keng or Tambun. The latter 2 deteriorate immediately after catch or if caught in bulk - due to heavy catch in same net, they crushed themselves. in what, posted below...there' s a clue..." only anchovies caught by small boat can be used for human consumption" ......small boat catches can be carefully handled and kept fresh at all times but with much effort and cost.....these critters are too soft and fragile for handling.
JMS213 ( Date: 21-Jun-2014 09:03) Posted:
 Agreed. Advocate the trend or Equilibrium. Study shows NOT FISHMEAL RATHER AS FOOD FOR HUMAN CONSUMPTION.
FYI, anchovies are nutritious healthy food for man.
Anchovies pack big flavor for such small fish. They&rsquo re so strong that only a small amount of anchovy is needed to add flavor to sauces, salad dressings, pasta and pizza. That same small amount also delivers health benefits in the form of essential fatty acids, protein and other nutrients.
The Peruvian anchovy is the world' s biggest fishery resources. If this study is by Canadian and Peruvian researchers, I am sure the Peruvian' s government knows that too. Enjoy ...
|
|
|
|
|
|
Good Post
Bad Post
|
x 0
x 0
|
Agreed. Advocate the trend or Equilibrium. Study shows NOT FISHMEAL RATHER AS FOOD FOR HUMAN CONSUMPTION.
FYI, anchovies are nutritious healthy food for man.
Anchovies pack big flavor for such small fish. They&rsquo re so strong that only a small amount of anchovy is needed to add flavor to sauces, salad dressings, pasta and pizza. That same small amount also delivers health benefits in the form of essential fatty acids, protein and other nutrients.
The Peruvian anchovy is the world' s biggest fishery resources. If this study is by Canadian and Peruvian researchers, I am sure the Peruvian' s government knows that too. Enjoy ...
JMS213 ( Date: 20-Jun-2014 18:56) Posted:
Hello .... Study shows Peruvian fish worth more as food than as feed. All is well .... enjoy
T2LE56 ( Date: 20-Jun-2014 09:34) Posted:
Don' t hold the anchovies: Study shows Peruvian fish worth more as food than as feed
Media Release | November 13, 2013
Rethinking the potential of anchovies could pay big dividends for the Peruvian fishing industry. Photo: Paul Asman and Jill Lenoble, Wikimedia Commons.
The true potential of Peruvian anchovy lies not in fishmeal but as food for people and as part of the ocean food web, according to Canadian and Peruvian researchers.
The Peruvian anchovy is the world' s biggest fishery resource, with annual landings of five to 10-million metric tons. It generates up to one-third of the world' s fishmeal supply. But a new study reveals the bulk of the revenue and employment comes from producing the seafood for human consumption.
" Anchovy accounts for upwards of 80 per cent of Peruvian landings by weight, but it' s only responsible for 31 per cent of the sector' s revenue," says Villy Christensen, a professor in the University of British Columbia Fisheries Centre. " It hasn' t lived up to its true economic value because almost all of it is ground up for low-value fish oil or fishmeal."
Fishing in Peru is often associated with industrial-scale catch of anchovies. (Photo: Patricia Majluf)
Christensen and colleagues at the Centre for Environmental Sustainability (CSA) at Cayetano Heredia University in Peru calculated the economic impact of anchovy and other Peruvian fisheries. They found that artisanal fishers, wholesalers, markets and restaurants generated US$2.4 billion per year, or 69 per cent of total revenue.
Meanwhile, the fishmeal industry generated only $1.1 billion, or 31 per cent of revenue. Similarly, of all the jobs supported by fishing in Peru, more than 80 per cent were part of the seafood industry. Details are published in the current issue of the journal Marine Policy.
" Current Peruvian regulations only allow anchovy caught by artisanal or small boats to be used for human consumption, forcing the majority of the landings to be exported as fishmeal," says Patricia Majluf, CSA Director and the project' s Peruvian lead.
Video: Prof. Patricia Majluf summarizes findings of the study. (Video en españ ol)
" There are far more economic and food security benefits to Peru to channel fisheries for human consumption," adds Majluf, who launched a campaign in 2006 to encourage Peruvian chefs to incorporate anchovy on their menus. " We need to reform our laws to allow anchovy fishery to reach its full economic potential."
|
|
|
|
|
|
Good Post
Bad Post
|
x 0
x 0
|
Revenue Flow in the Peruvian Fishing Sector.
" A new economic study shows that seafood for human consumption generates most of the revenue in the fisheries sector."
T2LE56 ( Date: 20-Jun-2014 08:58) Posted:
Recalled someone posted about " A new economic study shows that seafood for human consumption generates most of the revenue in the fisheries sector."
If for human consumption, prices will continue to go higher and higher. 
SLPY69 ( Date: 18-May-2014 07:00) Posted:
And it is said " A new economic study shows that seafood for human consumption generates most of the revenue in the fisheries sector."
Infographic: Revenue flow in the Peruvian fishing sector (Christensen et al). Click thumbnail to enlarge/download.
|
|
|
|
|
|
Good Post
Bad Post
|
x 0
x 0
|
Hello .... Study shows Peruvian fish worth more as food than as feed. All is well .... enjoy
T2LE56 ( Date: 20-Jun-2014 09:34) Posted:
Don' t hold the anchovies: Study shows Peruvian fish worth more as food than as feed
Media Release | November 13, 2013
Rethinking the potential of anchovies could pay big dividends for the Peruvian fishing industry. Photo: Paul Asman and Jill Lenoble, Wikimedia Commons.
The true potential of Peruvian anchovy lies not in fishmeal but as food for people and as part of the ocean food web, according to Canadian and Peruvian researchers.
The Peruvian anchovy is the world' s biggest fishery resource, with annual landings of five to 10-million metric tons. It generates up to one-third of the world' s fishmeal supply. But a new study reveals the bulk of the revenue and employment comes from producing the seafood for human consumption.
" Anchovy accounts for upwards of 80 per cent of Peruvian landings by weight, but it' s only responsible for 31 per cent of the sector' s revenue," says Villy Christensen, a professor in the University of British Columbia Fisheries Centre. " It hasn' t lived up to its true economic value because almost all of it is ground up for low-value fish oil or fishmeal."
Fishing in Peru is often associated with industrial-scale catch of anchovies. (Photo: Patricia Majluf)
Christensen and colleagues at the Centre for Environmental Sustainability (CSA) at Cayetano Heredia University in Peru calculated the economic impact of anchovy and other Peruvian fisheries. They found that artisanal fishers, wholesalers, markets and restaurants generated US$2.4 billion per year, or 69 per cent of total revenue.
Meanwhile, the fishmeal industry generated only $1.1 billion, or 31 per cent of revenue. Similarly, of all the jobs supported by fishing in Peru, more than 80 per cent were part of the seafood industry. Details are published in the current issue of the journal Marine Policy.
" Current Peruvian regulations only allow anchovy caught by artisanal or small boats to be used for human consumption, forcing the majority of the landings to be exported as fishmeal," says Patricia Majluf, CSA Director and the project' s Peruvian lead.
Video: Prof. Patricia Majluf summarizes findings of the study. (Video en españ ol)
" There are far more economic and food security benefits to Peru to channel fisheries for human consumption," adds Majluf, who launched a campaign in 2006 to encourage Peruvian chefs to incorporate anchovy on their menus. " We need to reform our laws to allow anchovy fishery to reach its full economic potential."
|
|
|
|
Good Post
Bad Post
|
x 0
x 0
|
Judgment Day is coming. Sword has to sides, be warned. It is coming ...
Equilibrium is positive. Enjoy
Isolator ( Date: 09-Jun-2014 01:13) Posted:
| People who short sell are all hoping the price drop... As I have said... They will need to buy higher than their selling price... Enjoy... |
|
|
|
Good Post
Bad Post
|
x 0
x 0
|
Do you know how long is the coast of Peru before it reaches Chile ? Please take a look at the map.
They are request to extend the 5km limit set. Singapore east to west 22.5km. Do you know how big is Peru compared to Singapore ?
Enjoy
stockpicker ( Date: 10-Jun-2014 10:56) Posted:
El-Nino was there since the 16th century. The Peru fishermen were the ones who came up with that name. Since then, the technologies has changed. They have better trawlers and fishing equipment. They have sonic sensors that can track the where-about of the fishes. They have also satellites that can tell the fishermen exactly where the fishes in the South but one thing the technologies cannot do is to change the weather, the El-Nino that is going to happen in the coming months.
When the fishes swim south, it will benefit Chile but sad to say, Chile is also affected badly by El-Nino as this is a Global event that very few can avoid from the disastrous results.
One thing for sure, the technlogies will help the aqua-cultural fish farm to become even stronger after the El-Nino when the fish supplies from the sea dwindled down and the fish consumptions picks up. Some species which may be too expensive to rear in aqua-cultural fish farms before will become possible when the price of fishes goes up due to El-Nino. This will make companies that solely depend on sea fishing and sea catch more difficult to survive.
There was a common saying before we have reliable weather forecast of El-Nino. That is if one wants to know when El-Nino will come, check with the Peruvian Fishermen. I am quite sure those former management of Copeinca and other Peru fishing companies knew about the seriousness of the coming El-Nino and they are more than happy to dispose off their assets. They must have gone through the hardships experienced during the last El-Nino in 1998. They were probably laughing their ways to the banks right now.
|
|
|
|
Good Post
Bad Post
|
x 0
x 0
|
When someone quoted " YEAR 1998 which is the year that El-Nino was most severe" The person has left out other surrounding facts.
Let me point out some :
We are in YEAR 2014. There is a gap of 6 years. Technology has changed tremendously. Then 1998 and now 2014, can someone tell us. what version is now for Iphone, Samsung or whatever ?
How has the economy of Peru change during this 6 years ?
Just this 2 so the soft facts are missing. Why are they kept away ?
We know liquidity of the company is improving and they have consolidated their position. Equilibrium is positive
JMS213 ( Date: 10-Jun-2014 09:40) Posted:
Cars are made with a windscreen wide and clear so we can look into the future ahead of us and a rear mirror small but big enough to guide our direction when we filter.
When we have someone who have the reverse, windscreen small and a huge rear mirror, you know that person is bringing everyone on board, heading into a collison.
My prayer is that they will not end in a collision but move where the future (Equilibrium) is. You still have time to change gear.
Never did they said they will not achieve their catch for the season. Quote what T2 said " Peru is an emerging, market oriented economy characterized by a high level of foreign trade. Peruvian economic performance has been tied to exports and one of their main export is fishmeal." Do you think they will let the industry suffer and affect Peru' s economy ?
The fish did not disappear, they move south.
All indicators are still green. Be patience and enjoy
T2LE56 ( Date: 07-Jun-2014 12:53) Posted:
| |
| |
| China Peruvian Fishmeal RMB Price Report Week 23 |
| 2014-06-04 12:03:39.0 ChinaFeedOnline.com - CFO China Fishmeal Exclusive Report J W Xie |
China" Peruvian Fishmeal " Cash Market by Ports #23
China
main ports
|
Peruvian
fishmeal
|
Week 23
RMB Price
|
Week 22
RMB Price
|
Changes
RMB Price
|
Dalian
|
Super Prime 68%
|
11,800 &ndash 11,900
|
11,500
|
+ 300/mt
|
Standard 65%
|
10,800
|
10,500
|
+ 300mt
|
Tianjin
|
Super Prime 68%
|
11,800 &ndash 11,900
|
11,500
|
+ 300/mt
|
Standard 65%
|
10,800
|
10,500
|
+ 300mt
|
Shanghai
|
Super Prime 68%
|
11,600 &ndash 11,700
|
11,400 &ndash 11,500
|
+ 200/mt
|
Standard 65%
|
10,700
|
10,400
|
+ 300mt
|
Huangpu
|
Super Prime 68%
|
11,600 &ndash 11,700
|
11,400 &ndash 11,500
|
+ 200/mt
|
Standard 65%
|
10,700
|
10,400
|
+ 300mt
|
Remark :
- The prices are an indication investigated by ChinaFeedOnline.com (CFO) port agents and price changes is weekly basis.
- exchange rate: US$1 : RMB 6.2 (about)
Market Feedback :
We welcome your comments and inputs the fishing/quota in your country. To contact
reporter or China License registration, please email: JW Xie email: support@21cfo.com
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Good Post
Bad Post
|
x 0
x 0
|
Cars are made with a windscreen wide and clear so we can look into the future ahead of us and a rear mirror small but big enough to guide our direction when we filter.
When we have someone who have the reverse, windscreen small and a huge rear mirror, you know that person is bringing everyone on board, heading into a collison.
My prayer is that they will not end in a collision but move where the future (Equilibrium) is. You still have time to change gear.
Never did they said they will not achieve their catch for the season. Quote what T2 said " Peru is an emerging, market oriented economy characterized by a high level of foreign trade. Peruvian economic performance has been tied to exports and one of their main export is fishmeal." Do you think they will let the industry suffer and affect Peru' s economy ?
The fish did not disappear, they move south.
All indicators are still green. Be patience and enjoy
T2LE56 ( Date: 07-Jun-2014 12:53) Posted:
| |
| |
| China Peruvian Fishmeal RMB Price Report Week 23 |
| 2014-06-04 12:03:39.0 ChinaFeedOnline.com - CFO China Fishmeal Exclusive Report J W Xie |
China" Peruvian Fishmeal " Cash Market by Ports #23
China
main ports
|
Peruvian
fishmeal
|
Week 23
RMB Price
|
Week 22
RMB Price
|
Changes
RMB Price
|
Dalian
|
Super Prime 68%
|
11,800 &ndash 11,900
|
11,500
|
+ 300/mt
|
Standard 65%
|
10,800
|
10,500
|
+ 300mt
|
Tianjin
|
Super Prime 68%
|
11,800 &ndash 11,900
|
11,500
|
+ 300/mt
|
Standard 65%
|
10,800
|
10,500
|
+ 300mt
|
Shanghai
|
Super Prime 68%
|
11,600 &ndash 11,700
|
11,400 &ndash 11,500
|
+ 200/mt
|
Standard 65%
|
10,700
|
10,400
|
+ 300mt
|
Huangpu
|
Super Prime 68%
|
11,600 &ndash 11,700
|
11,400 &ndash 11,500
|
+ 200/mt
|
Standard 65%
|
10,700
|
10,400
|
+ 300mt
|
Remark :
- The prices are an indication investigated by ChinaFeedOnline.com (CFO) port agents and price changes is weekly basis.
- exchange rate: US$1 : RMB 6.2 (about)
Market Feedback :
We welcome your comments and inputs the fishing/quota in your country. To contact
reporter or China License registration, please email: JW Xie email: support@21cfo.com
|
|
|
|
|
|
|
|
|
|
|
|
Good Post
Bad Post
|
x 0
x 0
|
Isolator, exactly right " No matter how you sing song... You cannot change fish not going 50ct.... Enjoy...."
They love to live in past and relive the old time stories. The BB already consolidated and made so much progress, yet they will tell you .... last time.
The trend is still positive and will get better. Enjoy
|
|
Good Post
Bad Post
|
x 0
x 0
|
People said time will tell. You are just jestering around. Confusing the investors. Equilibrium is still positive
|
|
Good Post
Bad Post
|
x 0
x 0
|
Isolator, is correct " long" news going to be announced. Opportunity to buy now
Shout and scare tactic
|
|
Good Post
Bad Post
|
x 0
x 0
|
Isolator is hoping and praying. Has never seen facts or basis posted.
Things are taking shape, just be patience. Equilibrium is still positive.
Enjoy .... woah woah
Stockguru17 ( Date: 31-May-2014 12:40) Posted:
UOBKH
China Fishery Group (CFG SP,
B0Z)
Technical BUY with +17.9% potential return
Last price: S$0.39
BUY with a target price of S$0.46 as the stock
has broken out of its downward sloping
trendline with comparatively higher volume
with its 21-day Stochastics indicator moving
out of its oversold region and MACD indicator
forming a bullish crossover. Watch to see if the
stock price could test its 360-day EMA, which
acted as resistance before. Protective stops
could be placed at S$0.37.
- Newcastle - (From)
TPG GURU!
|
|
|
|
Good Post
Bad Post
|
x 0
x 0
|
Moody said " China Fishery' s liquidity position remain adequate." Now more and more money is flowing in.
EQUILIBRIUM IS POSITIVE. Bro, enjoy
T2LE56 ( Date: 29-May-2014 00:08) Posted:
I agreed with JMS " China Fishery' s liquidity position remains adequate" and more is added to the liquidity.
Enjoy Fishing
JMS213 ( Date: 27-May-2014 23:13) Posted:
My view remains the same, " what is the Equilibrium" No reason to doubt what Moody said " The rating for China Fishery' s outlook remains stable.
I don' t disagree with you. Picture (chart) is often worth a thousand words. All the indicators are converging and the pressure is getting stronger and stronger each day. Question is not how long are they going to restraint the fish from moving forward ? Question is " How high is the fish going to jump and when to get out ?"
China Fishery' s liquidity position remains adequate. As of March 28 2014, it had US$51 million in cash. Moody' s expects more cash will be received in coming months as the company traditionally releases inventories and receivables after its fishing season which ends in January.
Moreover, China Fishery expects to receive $80 million from its Russian suppliers in 3Q 2014, which will help it redeem the outstanding senior notes of Copeinca and repay its short-term debt.
Sale of freezer-trawler FV leader US$20 million
Having a generous compensation for the relocation of Qingdao plant is a bonus.
China Fishery' s liquidity is growing stronger and stronger. " Equilibrium is positive trend" No wonder Isolator kept shouting " Long"
|
|
|
|
|
|
Good Post
Bad Post
|
x 0
x 0
|
Appreciate your contribution, even though you are negative on this company. Enjoy ....
earlybird14 ( Date: 30-May-2014 09:51) Posted:
Actually, I am negative on this company.
After acquisition Copeinca, it shall be 1 + 1 = 2 effect which the revenue and profit shall be x 2 and profit shall be made for serving the loan, especially the few hundreds million notes with 9.75% interest they issued few years ago for the Russian Pollock Contract.
Some contributor contribute the news state they have lose this business and plan to shut down the factory in Qing Dao, the revenue also show a huge drop in the this division which i believe the news is truth.
Now, basically China Fishery is highly depend on the operation from the Peru Anchovy which is very high risk too. News has come out to state the catch is slow which imply the quota may be cut in the next fishing season. No matter how much price the fish oil or fish meal can go up, cutting down the volume will has great impact to the company like what happen 2 years ago.
However, all these doesn' t reflect on the share price trading recently. But in long term, this stock is a high risk stock due to the uncertainty.
All the best to who vested.
JMS213 ( Date: 30-May-2014 09:31) Posted:
Not sure about you, as far as I am concern they are cash rich now. Equilibrium is UP trend
Whether 50c .... 70c it shall surely come. It is a matter of time.
Earlybird14, they are not concern about the loan. You should inquire what is their next game plan ? Something BIGGER maybe
Think about it from business point of view. Equilibrium is UP trend
|
|
|
|
|
|
Good Post
Bad Post
|
x 0
x 0
|
Not sure about you, as far as I am concern they are cash rich now. Equilibrium is UP trend
Whether 50c .... 70c it shall surely come. It is a matter of time.
Earlybird14, they are not concern about the loan. You should inquire what is their next game plan ? Something BIGGER maybe
Think about it from business point of view. Equilibrium is UP trend
Isolator ( Date: 30-May-2014 01:26) Posted:
OMG.... as of now...... it is going to go much higher than 50ct......70ct..... so scary..... enjoy...
|
|
|
|
Good Post
Bad Post
|
x 0
x 0
|
Peru fishmeal prices climb further, as bids reach $1,800 level
Fishmeal prices from Peru have firmed up and exporters are not ruling out further increases as the first anchovy fishing season of the year yields low catches.
Hampered by warmer sea temperatures linked to the possible presence of El Nino, as well as mini-bans due to juvenile levels, catches have so far not even reached a third of the total allowable catch (TAC) for the season, producers told Undercurrent News.
According to a large Peruvian producer, prices out of Peru are now at $1,800 per metric ton, FOB, for super prime fishmeal, a considerable increase from the $1,600/t &ndash $1,620/t level reported at end of April.
Another large producer told Undercurrent News prices are close to $1,800/t, while two Peruvian producers said bids are at around $1,750/t.
All of these are higher than expected &mdash producers in April had said they expected prices to be in the range of $1,600 to $1,700 for this year' s season.
Chile' s fishmeal prices are also going up as a consequence of the increase in Peru.
Chilean firm Blumar Seafoods is selling super prime fishmeal at $1,700/t &mdash an increase of $50-70 per ton on recent weeks, Eduardo Goycoolea, Blumar' s sales and marketing director, told Undercurrent earlier this week.
The four Peruvian producers canvassed by Undercurrent all attributed the price hike to a poor anchovy season. They estimated that only 25% to 31% of the first anchovy season' s TAC of 2.53 million metric tons has been caught to date.
The slow catches mean stocks in Peru are low, and sales are slow due to the little supply, said producers.
As the anchovy biomass moves to the southern part of Peru, near the shore, where catches are not allowed for Peru' s industrial fleet, there have been lower anchovy catches.
Also, temporary fisheries closures &mdash mini-bans &mdash taking place since May for the high presence of juveniles are hitting Peruvian anchovy landings.
" The upward trend is linked to poor catches of the fishing season in Peru and some market players' expectations of not catching all quota due to the possible presence of El Nino," a fishmeal player said.
On May 8, NOOA' s climate prediction center increased its forecast' risk of El Nino this year to 65%.
In late April, Peruvian producers told Undercurrent demand in China was looking firm, but weather conditions were still uncertain.
" Chinese buyers are waiting for weather conditions to improve to see the real demand, they also are not in a rush to buy due to the current stock as well as the pending arrivals coming to Chinese ports. The real demand would come during June," a fishmeal producer said at the time.
|
|
Good Post
Bad Post
|
x 0
x 0
|
Bro, let them talk. Already people know who they are.
Just remember Equilibrium is what we are looking for " Outlook is STABLE" by Moody. No need to reply them
JMS213 ( Date: 29-May-2014 08:23) Posted:
T2LE56, that is why Equilibrium is important. Then you will know where the BB is heading.
What Moody, or the Big 3 rating companies look for is liquidity in business and how is the business going forward.
That is the reason " Moody' s applauds China Fishery makeover from pollock supplier to fishmeal co., affirm credit rating" dated 13 May, 2014
Pacific Andes' China Fishery Group is completing a major change in business says Moody' s Investor service. The company is shedding its old pollock supply business and by the second half of this year, 65% of revenues will come from fishmeal operations. In shedding its Russian pollock supply business, the company has been able to move away from a major political and economic risk.
In a press release, Moody' s Investors Service says China Fishery Group Limited' s 1H2014 results are in line with Moody' s expectations and support its B2 corporate family and senior unsecured bond ratings.
Haha ... Earlybird14, you really know how to create confusion ... Until someone has to say " hello what are you talk about ?" and quickly post an article that seems so worry but don' t just read the headline
As Leongsan has pointed out, The president of this organization, Elena Conterno, former head of the Ministry of Production (PRODUCE) said " At the rate we are moving, we will reach 1.9 million tonnes. The first season will be fair."
T2LE56 ( Date: 29-May-2014 00:02) Posted:
Earlybird14, 高 招
调 虎 离 山 是 打 虎 计 策 之 一 ， 目 的 在 于 削 弱 对 方 的 抵 抗 力 ， 减 少 自 己 的 危 险 。 在 军 事 上 指 ， 如 果 敌 方 占 据 来 有 利 的 地 势 ， 并 且 兵 力 众 多 ， 这 时 我 方 应 把 敌 人 引 出 坚 固 的 据 点 ， 或 者 把 敌 人 引 入 对 我 方 有 利 的 地 区 ， 这 样 才 可 以 取 胜 。 在 政 治 斗 争 中 ， 这 一 计 用 得 最 多 ， 且 一 代 一 代
Create confusion to seize the opportunity ... 高 招
|
|
|
|
|
|
Good Post
Bad Post
|
x 0
x 0
|
T2LE56, that is why Equilibrium is important. Then you will know where the BB is heading.
What Moody, or the Big 3 rating companies look for is liquidity in business and how is the business going forward.
That is the reason " Moody' s applauds China Fishery makeover from pollock supplier to fishmeal co., affirm credit rating" dated 13 May, 2014
Pacific Andes' China Fishery Group is completing a major change in business says Moody' s Investor service. The company is shedding its old pollock supply business and by the second half of this year, 65% of revenues will come from fishmeal operations. In shedding its Russian pollock supply business, the company has been able to move away from a major political and economic risk.
In a press release, Moody' s Investors Service says China Fishery Group Limited' s 1H2014 results are in line with Moody' s expectations and support its B2 corporate family and senior unsecured bond ratings.
Haha ... Earlybird14, you really know how to create confusion ... Until someone has to say " hello what are you talk about ?" and quickly post an article that seems so worry but don' t just read the headline
As Leongsan has pointed out, The president of this organization, Elena Conterno, former head of the Ministry of Production (PRODUCE) said " At the rate we are moving, we will reach 1.9 million tonnes. The first season will be fair."
T2LE56 ( Date: 29-May-2014 00:02) Posted:
Earlybird14, 高 招
调 虎 离 山 是 打 虎 计 策 之 一 ， 目 的 在 于 削 弱 对 方 的 抵 抗 力 ， 减 少 自 己 的 危 险 。 在 军 事 上 指 ， 如 果 敌 方 占 据 来 有 利 的 地 势 ， 并 且 兵 力 众 多 ， 这 时 我 方 应 把 敌 人 引 出 坚 固 的 据 点 ， 或 者 把 敌 人 引 入 对 我 方 有 利 的 地 区 ， 这 样 才 可 以 取 胜 。 在 政 治 斗 争 中 ， 这 一 计 用 得 最 多 ， 且 一 代 一 代
Create confusion to seize the opportunity ... 高 招
earlybird14 ( Date: 28-May-2014 15:50) Posted:
Last 4 years, 2nd quarter result announced on 8 to 12 May without delaying. Now is 28 May. This is not a good sign of delaying report announcement.
|
|
|
|
|
|
Good Post
Bad Post
|
|
|
|
About JMS213
Go to Message
