# Peruvian Fish Oil Prices Plummet: What It Means for the Industry

> Peruvian fishmeal and fish oil prices fell sharply in September 2024, with Peru/Chile super prime fishmeal at US$1,611/t (down 25.3% y/y) and Peru feed fish oil at US$3,230/t (down 61.4% y/y). The decline follows a cancelled 2023 first season and a successful 2024 first season that caught 98.2% of the quota.

- Date: 2024-10-24 · published 2024-10-24T12:00:00.000Z
- Category: market · region Peru · magnitude low
- Page: https://feedsoft.ai/events/27938-peruvian-fish-oil-prices-plummet-what-it-means-for-the-industry
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Larger Peruvian anchovy supply has pushed marine ingredient prices lower, which eases feed costs for buyers using fishmeal and fish oil in aquafeed and livestock diets.

## Read by commodity

- FISHMEAL: bearish ▼

## Sources

- expanamarkets.com: https://www.expanamarkets.com/insights/article/fish-oil-prices-decrease/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.