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At the El Palomar fishing terminal in Arequipa, fish and seafood prices have risen 40% to 45% because El Niño has hampered both catching and transporting the product. The market administrator says buyers have not complained so far but considers current prices unsustainable.
El Niño disruption to Peruvian anchoveta and fish catches tightens fishmeal supply for feed buyers, which is bullish for fishmeal prices, although this report covers local retail seafood prices.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.