# Global Fishmeal Update with Peru's Quota Largely Landed, China's Imports and Stocks Surge, Chile Sees Increased Raw Material, and Christmas Holiday Slows Northern Europe Landings

> Roughly 66% of Peru's 1.682 million ton fishmeal quota had been landed in the north-central region by late December, with fish oil yields below average. China's imported fishmeal stocks reached 222 thousand mt, above the five-year average, while Chile's raw material supply rose and Northern European landings slowed for Christmas.

- Date: 2023-12-29 · published 2023-12-29T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/32478-global-fishmeal-update-with-peru-s-quota-largely-landed-china-s-imports-and
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Large Chinese fishmeal stocks offset tight Peruvian supply, which may cap near-term fishmeal price gains even as below-average oil yields keep the broader market tight.

## Read by commodity

- FISHMEAL: neutral

## Sources

- tridge.com: https://www.tridge.com/ko/insights/global-fishmeal-situation-update

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