# Austevoll's Peruvian subsidiary hit by lower fishmeal, oil sales

> Austevoll's Peruvian subsidiary reported lower fishmeal and fish oil sales after the first north-central anchovy season. The company sold part of its volume to third parties and bought raw material from outside vessels. The Peruvian fleet landed its full 2.41 million tonne quota.

- Date: 2020-08-24 · published 2020-08-24T12:00:00.000Z
- Category: report · region Peru · magnitude low
- Page: https://feedsoft.ai/events/51514-austevoll-s-peruvian-subsidiary-hit-by-lower-fishmeal-oil-sales
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

A full Peruvian quota landing adds supply to the fishmeal market, which is mildly bearish for fishmeal prices, though the company-specific sales shortfall is a minor factor.

## Read by commodity

- FISHMEAL: bearish ▼

## Sources

- intrafish.com: https://www.intrafish.com/processing/austevolls-peruvian-subsidiary-hit-by-lower-fishmeal-oil-sales/2-1-862128

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