Loading…
Peruvian fishmeal prices have fallen to about $1,500-1,550/t even as Chinese and Chilean demand is firm. Peru is near its 2 million tonne anchovy quota, and expectations of full quota catch have eased prices.
Peru is the largest fishmeal producer, so a near-exhausted quota and expected catch lift sell-side supply and weigh on fishmeal prices.
tpnseafood.comadminJul 9, 2019tpnseafood.comadminJul 9, 2019Not 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.
