# Oceana reports surge in canned fish sales, while it benefits from its own power generation | News24

> Oceana reported a 33% rise in canned fish volumes and profit growth of at least 20% for the four months to 29 January. Fishmeal dollar prices rose 11% and fish oil dollar prices rose 61% versus the prior period, driven by stronger Chinese demand and lower Peruvian anchovy landings and oil yields.

- Date: 2023-02-28 · published 2023-02-28T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/37413-oceana-reports-surge-in-canned-fish-sales-while-it-benefits-from-its-own-power
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Lower Peruvian anchovy yields and firm Chinese demand are lifting fishmeal and fish oil prices, which tightens marine protein supply for feed buyers.

## Read by commodity

- PALMOIL: neutral
- FISHMEAL: bullish ▲

## Sources

- news24.com: https://www.news24.com/business/companies/oceana-reports-surge-in-canned-fish-sales-while-it-benefits-from-its-own-power-generation-20230228

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