Loading…
Changing Markets published an investigation into Peru's fishmeal and fish oil industry. The report says Peru produces about one-third of global supply, exports more than 1 million tonnes a year, and expects about $2 billion in 2020 export revenue.
It alleges underreported catches, overfishing of juveniles and pollution in Chimbote.
The report is an NGO critique rather than a supply change, so its direct price effect is limited. Scrutiny of catch practices could eventually lead to tighter quotas or stricter enforcement, which would tighten fishmeal supply.
changingmarkets.orgNov 6, 2020Not 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.
