# Fishmeal prices weaken despite firm demand - Thuỷ sản Tâm Phương Nam

> 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.

- Date: 2019-07-09 · published 2019-07-09T12:00:00.000Z
- Category: policy · region Peru · magnitude medium
- Page: https://feedsoft.ai/events/58184-fishmeal-prices-weaken-despite-firm-demand-thuy-san-tam-phuong-nam
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Peru is the largest fishmeal producer, so a near-exhausted quota and expected catch lift sell-side supply and weigh on fishmeal prices.

## Read by commodity

- FISHMEAL: bearish ▼

## Sources

- tpnseafood.com: https://tpnseafood.com/ja/fishmeal-prices-weaken-despite-firm-demand-3/
- tpnseafood.com: https://tpnseafood.com/ja/fishmeal-prices-weaken-despite-firm-demand-4/

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