# Reduced fishmeal production drives sharp decline in Peru fishery exports - Undercurrent News

> Peru's fishery exports fell sharply as reduced fishmeal production cut shipments, with China the main destination. Metals and fishmeal make up most of Peru's exports to China.

- Date: 2024-06-07 · published 2024-06-07T12:00:00.000Z
- Category: report · region Peru · magnitude medium
- Page: https://feedsoft.ai/events/29857-reduced-fishmeal-production-drives-sharp-decline-in-peru-fishery-exports
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Lower Peruvian fishmeal output tightens global protein meal supply and supports prices for fishmeal substitutes.

## Read by commodity

- FISHMEAL: bullish ▲

## Sources

- undercurrentnews.com: https://www.undercurrentnews.com/2024/06/07/reduced-fishmeal-production-drives-sharp-decline-in-peru-fishery-exports/

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