# Fishmeal prices in China plunge amid surge of Peruvian supply - Undercurrent News

> Fishmeal prices in China fell sharply in mid-September 2024 as a surge of Peruvian supply reached the market. The article reports the price decline and links it to the larger volume of product arriving from Peru.

- Date: 2024-09-17 · published 2024-09-17T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/28381-fishmeal-prices-in-china-plunge-amid-surge-of-peruvian-supply-undercurrent-news
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Heavier Peruvian fishmeal supply and falling Chinese prices weigh on global fishmeal values, which lowers feed costs for aquafeed and livestock buyers who use fishmeal as a protein source.

## Read by commodity

- FISHMEAL: bearish ▼

## Sources

- undercurrentnews.com: https://www.undercurrentnews.com/2024/09/17/fishmeal-prices-in-china-plunge-amid-surge-of-peruvian-supply/

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