# Peru proposes higher fishmeal taxes - Undercurrent News

> Peru has proposed higher taxes on fishmeal production. The proposal would raise costs for Peruvian fishmeal producers.

- Date: 2019-02-27 · published 2019-02-27T12:00:00.000Z
- Category: policy · region Peru · magnitude medium
- Page: https://feedsoft.ai/events/60687-peru-proposes-higher-fishmeal-taxes-undercurrent-news
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Higher export or production taxes would raise Peru's fishmeal costs and could cut exports, tightening global supply. Peru is a major fishmeal source, so this would likely support prices for feed buyers.

## Read by commodity

- FISHMEAL: bullish ▲

## Sources

- undercurrentnews.com: https://www.undercurrentnews.com/2019/02/27/peru-proposes-higher-fishmeal-taxes/

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