# What Lies Beneath: Uncovering the truth about Peru’s colossal fishmeal and fish oil industry • Changing Markets

> 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.

- Date: 2020-11-06 · published 2020-11-06T12:00:00.000Z
- Category: report · region Peru · magnitude low
- Page: https://feedsoft.ai/events/50077-what-lies-beneath-uncovering-the-truth-about-peru-s-colossal-fishmeal-and-fish
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

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.

## Read by commodity

- FISHMEAL: neutral

## Sources

- changingmarkets.org: https://changingmarkets.org/report/what-lies-beneath-uncovering-the-truth-about-perus-colossal-fishmeal-and-fish-oil-industry/

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