# Good fishing in Peru prompts fish oil price slip as market awaits future quota news - Undercurrent News

> Fish oil prices slipped as good fishing in Peru increased landings. The market is now waiting for news on future quotas.

- Date: 2020-11-03 · published 2020-11-03T12:00:00.000Z
- Category: market · region Peru · magnitude low
- Page: https://feedsoft.ai/events/50075-good-fishing-in-peru-prompts-fish-oil-price-slip-as-market-awaits-future-quota
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Strong catches add fishmeal and fish oil supply, which weighs on prices. Traders are waiting on the next quota decision, which could change that supply outlook.

## Read by commodity

- FISHMEAL: bearish ▼

## Sources

- undercurrentnews.com: https://www.undercurrentnews.com/2020/11/03/good-fishing-in-peru-prompts-fish-oil-price-slip-as-market-awaits-future-quota-news/

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