# Peru's ample anchovy quota sends shockwaves through Chinese market - Undercurrent News

> Peru's second anchovy season quota was set at 2.51 million tonnes, which sent shockwaves through the Chinese market. The quota is ample relative to expectations.

- Date: 2024-10-24 · published 2024-10-24T12:00:00.000Z
- Category: policy · region Peru · magnitude medium
- Page: https://feedsoft.ai/events/27945-peru-s-ample-anchovy-quota-sends-shockwaves-through-chinese-market-undercurrent
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

A large Peruvian anchovy catch expands fishmeal and fish oil supply, which tends to push marine ingredient prices lower for feed buyers.

## Read by commodity

- FISHMEAL: bearish ▼

## Sources

- undercurrentnews.com: https://www.undercurrentnews.com/2024/10/24/perus-ample-anchovy-quota-sent-shockwaves-through-the-chinese-market/

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