# Lower demand from China worries Peruvian fishmeal industry, says new SNP head - Undercurrent News

> Peru's new SNP industry association head said lower Chinese demand is worrying the Peruvian fishmeal industry. The article was published December 6, 2019, and its page also shows a later-dated header about the association's leadership.

- Date: 2019-12-06 · published 2019-12-06T12:00:00.000Z
- Category: market · region Peru · magnitude low
- Page: https://feedsoft.ai/events/55657-lower-demand-from-china-worries-peruvian-fishmeal-industry-says-new-snp-head
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

China is the largest buyer of Peruvian fishmeal, so weaker Chinese demand can pressure export prices and lift Peruvian stock levels. This adds downside risk to fishmeal prices for feed buyers.

## Read by commodity

- FISHMEAL: bearish ▼

## Sources

- undercurrentnews.com: https://www.undercurrentnews.com/2019/12/06/lower-demand-from-china-worries-peruvian-fishmeal-industry-says-new-snp-head/

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