⚠ CRITICAL:
1,889 MT Fish Oil in storage — 121 days of supply at current sales rate (~15.6 MT/day). Requires immediate pricing action or buyer outreach. Estimated trapped capital: ~OMR 1.36M (1,889 MT × ~$500/MT × 0.385).
FM Stock
1,256 MT
Healthy — 1.2% unsold
Of 9,778 MT sold YTD
~3 days supply
FO Stock
1,889 MT
Critical — 36% unsold
Of 5,244 MT total available
121 days supply
FSP Stock
22 MT
Watch — Over-delivered
Sold 701 MT vs 678 MT produced
~-21 MT net balance flag
Total Trapped Capital
~1.36M
OMR in unsold stock
FO: 1,889 MT × $500 × 0.385
Excl. FM (liquid, 3 days)
Fish Meal (FM)
■ Sold: 9,778 MT
■ Stock: 1,256 MT
□ Total avail: 11,034
0Produced: 8,524 MT (+ ~2,510 carry-forward)11,034 MT
88.6% sold
Fish Oil (FO) ⚠
■ Sold: 1,816 MT
■ Unsold: 1,889 MT
□ Total avail: ~3,705
0Produced: 2,430 MT (+ ~1,275 carry-forward)3,705 MT
49% sold
FSP
■ Sold: 701 MT
■ Stock: ~22 MT
□ Produced: 678 MT
0Season produced: 678 MT~723 MT
96.9% sold
Note: FM total includes estimated carry-forward (~2,510 MT) from Season 6. FO total includes carry-forward (~1,275 MT). FSP oversold reflects cross-period deliveries.
Fish Meal (FM)
1,256 MT at ~419 MT/day sales pace
~3 days
Fish Oil (FO) ⚠
1,889 MT at ~15.6 MT/day sales pace
121 days
Fish Sol. Paste (FSP)
~22 MT minor residual stock
~0 days
Quick Stats
FO Sales Rate (Monthly avg)~227 MT/mo
FO Sales Rate (Daily est.)~15.6 MT/day
Months to clear FO at avg rate~8.3 months
FO Target Days Coverage<60 days
FO Days vs Target+61 days above threshold
| Product |
0–30 days |
31–60 days |
61–90 days |
90+ days |
Total (MT) |
| Fish Meal (FM) |
1,256 |
— |
— |
— |
1,256 |
| Fish Oil (FO) ⚠ |
~70 |
~200 |
~319 |
~1,300 |
1,889 |
| FSP |
22 |
— |
— |
— |
22 |
| Total |
~1,348 |
~200 |
~319 |
~1,300 |
3,167 |
⚠ ~69% of Fish Oil stock is estimated to be 90+ days old — originated from Oct–Nov 2025 production cycle. Urgently requires buyer engagement or price reduction.
Estimated Stock Value
| Product |
Qty (MT) |
Est. Price |
Value (OMR) |
| Fish Meal |
1,256 |
~$1,714/MT |
~830,000 |
| Fish Oil ⚠ |
1,889 |
~$500/MT |
~363,000 |
| FSP |
22 |
~$685/MT |
~5,800 |
| Total |
3,167 |
— |
~OMR 1.2M |
Monthly FO Balance Detail
| Month |
FO Produced |
FO Sold |
FO Stock EOM |
| Sep-25 | 32 | 0 | ~1,307 |
| Oct-25 | 875 | 0 | ~2,182 |
| Nov-25 | 666 | ~287 | ~2,561 |
| Dec-25 | 660 | ~869 | ~2,352 |
| Jan-26 | 128 | 0 | ~2,480 |
| Feb-26 | 70 | ~309 | 1,889 |
* FO EOM stock includes estimated carry-forward of ~1,275 MT from Season 6.
| Product |
Opening Stock |
Produced (MT) |
Total Available |
Sold (MT) |
Closing Stock |
% Unsold |
Inv. Days |
Status |
| Fish Meal (FM) |
~2,510 |
8,524 |
11,034 |
9,778 |
1,256 |
11.4% |
~3 |
Healthy |
| Fish Oil (FO) |
~1,275 |
2,430 |
3,705 |
1,816 |
1,889 |
51.0% |
121 |
Critical |
| Fish Sol. Paste (FSP) |
~45 |
678 |
723 |
701 |
22 |
3.0% |
~0 |
Watch |
FM
Liquid — Sell within 1 week
FO ⚠
Urgent — 121 days on hand
FSP
Monitor over-delivery
| # |
Action |
Target Volume (MT) |
Timeline |
Priority |
Notes |
| 1 |
Approach existing buyers (Arasco, Ottey) for additional off-take |
400–600 |
Mar–Apr 2026 |
High |
Established relationship, proven buyers |
| 2 |
Reduce FO ask price to move volume |
All 1,889 |
Immediate |
High |
Current ~$500/MT; market softness may require $420–450 |
| 3 |
Identify new spot buyers (Middle East, Asia) |
500–800 |
Apr–May 2026 |
Medium |
Broaden buyer base beyond Arasco/Ottey |
| 4 |
Evaluate blended FO product or alternate use |
TBD |
May 2026 |
Medium |
If market price remains depressed |