# Aquafeed.com |
   

   
    Indian aquafeed prices expected to increase due to tax on fishmeal

> India's GST will apply to fishmeal from October 1, 2019, ending an exemption that ran from July 2017 through September 2019. Industry figures expect shrimp feed prices to rise about 4% in the short term.

- Date: 2019-10-03 · published 2019-10-03T12:00:00.000Z
- Category: policy · region India · magnitude low
- Page: https://feedsoft.ai/events/56655-aquafeed-com-indian-aquafeed-prices-expected-to-increase-due-to-tax-on-fishmeal
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Fishmeal is a main protein input for aquafeed, so a tax-driven cost increase lifts feed costs for Indian producers and may reduce fishmeal demand or shift buying elsewhere.

## Read by commodity

- FISHMEAL: bearish ▼

## Sources

- aquafeed.com: https://www.aquafeed.com/regions/asia/indian-aquafeed-prices-expected-to-increase-due-to-tax-on-fishmeal/

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