# IFFO: China fishmeal output likely to decline after ‘remarkable’ jump in 2023

> IFFO said China's fishmeal output is likely to decline in 2024 after a sharp jump in 2023. The 2023 increase was driven by rising global prices, a dynamic not expected to repeat this year.

- Date: 2024-10-23 · published 2024-10-23T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/27942-iffo-china-fishmeal-output-likely-to-decline-after-remarkable-jump-in-2023
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Lower Chinese production would tighten fishmeal supply and could support prices, reducing the downward pressure from Peruvian supply.

## Read by commodity

- FISHMEAL: bullish ▲

## Sources

- intrafish.com: https://www.intrafish.com/feed/iffo-china-fishmeal-output-likely-to-decline-after-remarkable-jump-in-2023/2-1-1728915

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