# Seafood Media Group - Worldnews - High fishmeal prices will be difficult to reduce in 2024

> Fishmeal supply remains tight with high prices expected to persist through 2024. Super-premium Peruvian fishmeal is scarce, and Chinese inventories are declining as feed mills stock up before the Lunar New Year.

- Date: 2024-02-21 · published 2024-02-21T12:00:00.000Z
- Category: market · region Global · magnitude medium
- Page: https://feedsoft.ai/events/31762-seafood-media-group-worldnews-high-fishmeal-prices-will-be-difficult-to-reduce
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

A structurally tight fishmeal supply and strong Chinese restocking demand point to continued high fishmeal prices for feed buyers.

## Read by commodity

- FISHMEAL: bullish ▲

## Sources

- seafood.media: https://www.seafood.media/fis/worldnews/worldnews.asp?country=0&day=21&df=0&id=128506&l=e&monthyear=2-2024&ndb=1&special=0

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