# Fishmeal prices fall in China on Peru's anchovy quota announcement - Undercurrent News

> Chinese fishmeal prices fell after Peru announced its first 2024 anchovy season quota. The reported decline reflects buyers reacting to the quota news.

- Date: 2024-04-25 · published 2024-04-25T12:00:00.000Z
- Category: policy · region China · magnitude medium
- Page: https://feedsoft.ai/events/30822-fishmeal-prices-fall-in-china-on-peru-s-anchovy-quota-announcement-undercurrent
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

A sizeable anchovy catch in Peru adds fishmeal supply, which pressures prices for buyers in China and globally.

## Read by commodity

- FISHMEAL: bearish ▼

## Sources

- undercurrentnews.com: https://www.undercurrentnews.com/2024/04/25/fishmeal-prices-fall-in-china-on-peru-anchovy-quota-announcement/

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