
Peru's first fishing season is progressing in line with 2025 fishmeal and fish oil production targets, according to IFFO. The season opened April 22, a week later than in 2024, and about 70% of the 3 million tonne anchovy quota is already caught.
IFFO says China's aquaculture growth will keep lifting demand for marine ingredients through 2025.
Growing Chinese aquaculture demand for fishmeal, alongside on-track Peruvian supply, shapes the price balance for feed buyers. Steady output limits upside unless catches fall short.
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.