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A report details how Peru's fishmeal sector includes a sizeable illegal, off-the-books share, with unlicensed factories in Pisco processing anchoveta. Official export figures exceed reported production, suggesting unrecorded output.
The estimate cites about 90,000 tonnes of annual illegal output worth $130 million.
Unrecorded Peruvian production means official supply statistics understate actual fishmeal availability, which can make the market's supply picture less reliable. The volume is small relative to total Peruvian output, so the price impact is limited.
sssfoodmachinery.comJan 2, 2023Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
