Fishmeal prices up, but might decline soon

Fishmeal prices up, but might decline soon
Total fishmeal production of the main fishmeal exporters for the first four months of 2008 reached 940 000 tonnes, 3% ahead of the corresponding 2007 production. Fishmeal prices that had been rather stable in the course of 2007, soared in the course of 2008. In May 2008, they reached US$ 1 210/tonne, some 11% ahead of the price level at the end of 2007, but 6% below the price level one year ago.

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