# China fishmeal prices increase further with inventories dropping, situation 'chaotic' - Undercurrent News

> China fishmeal prices rose further in late June 2023 as inventories dropped and market conditions were described as chaotic. Peru's exports to China consist largely of metals and fishmeal.

- Date: 2023-06-27 · published 2023-06-27T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/35568-china-fishmeal-prices-increase-further-with-inventories-dropping-situation
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Tighter Chinese fishmeal stocks following Peru's anchovy disruption support higher global fishmeal prices, raising costs for aquafeed and animal feed buyers.

## Read by commodity

- FISHMEAL: bullish ▲

## Sources

- undercurrentnews.com: https://www.undercurrentnews.com/2023/06/27/china-fishmeal-prices-increase-further-with-inventories-dropping-situation-chaotic/

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