# Aquafeed.com |
   

   
    SENEGAL - Foreign demand for fishmeal threatens West Africans' livelihood

> Aquafeed.com, citing Senegalese reporting, says foreign fishmeal demand is driving up sardinella prices locally and threatening livelihoods in Senegal. Fishmeal plants have been built along the Senegalese coast to serve Asian and European aquaculture.

- Date: 2018-07-12 · published 2018-07-12T12:00:00.000Z
- Category: market · region Senegal · magnitude low
- Page: https://feedsoft.ai/events/64110-aquafeed-com-senegal-foreign-demand-for-fishmeal-threatens-west-africans
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Growing fishmeal plant capacity in West Africa adds to global fishmeal demand, supporting prices for the ingredient. This is a regional social issue with limited immediate price impact.

## Read by commodity

- FISHMEAL: bullish ▲

## Sources

- aquafeed.com: https://www.aquafeed.com/newsroom/news/senegal-foreign-demand-for-fishmeal-threatens-west-africans-livelihood/

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