# Fishmeal, oil prices stable after Peru quota hits market sweet spot - Undercurrent News

> Fishmeal and fish oil prices were reported stable after Peru set its second-season anchovy quota at 2.1 million tons. The quota was seen as meeting market expectations.

- Date: 2018-11-27 · published 2018-11-27T12:00:00.000Z
- Category: market · region Peru · magnitude low
- Page: https://feedsoft.ai/events/61956-fishmeal-oil-prices-stable-after-peru-quota-hits-market-sweet-spot-undercurrent
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Prices holding steady suggests the quota was already priced in, so buyers should not expect a major move in fishmeal costs from this news alone.

## Read by commodity

- FISHMEAL: neutral

## Sources

- undercurrentnews.com: https://www.undercurrentnews.com/2018/11/27/fishmeal-fish-oil-prices-stable-after-peruvian-quota-hits-market-sweet-spot/

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