# Global production of fishmeal, fish oil remains low, China struggles with rising fish feed costs - Undercurrent News

> Global fishmeal and fish oil output remains low after Peru's first anchovy season was cancelled. IFFO data show fishmeal output down about 28% and fish oil down 24% in the first eight months of 2023. China's aquaculture sector faces rising feed costs and weaker demand.

- Date: 2023-10-12 · published 2023-10-12T12:00:00.000Z
- Category: weather · region Global · magnitude medium
- Page: https://feedsoft.ai/events/33724-global-production-of-fishmeal-fish-oil-remains-low-china-struggles-with-rising
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Tight global fishmeal and fish oil supply keeps prices firm for aquafeed buyers, while weaker Chinese demand limits how far prices can rise.

## Read by commodity

- FISHMEAL: bullish ▲

## Sources

- undercurrentnews.com: https://www.undercurrentnews.com/2023/10/12/global-production-of-fishmeal-fish-oil-remains-low-china-struggles-with-rising-fish-feed-costs/

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