# Chinese fishmeal prices hit year-high after Peruvian anchovy quota cut - Undercurrent News

> Chinese fishmeal prices reached a year high after Peru cut its anchovy quota. Buyers in China are reacting to reduced expected Peruvian supply.

- Date: 2017-11-27 · published 2017-11-27T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/67890-chinese-fishmeal-prices-hit-year-high-after-peruvian-anchovy-quota-cut
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

China is the largest fishmeal importer, so strong Chinese prices reflect tight global supply and keep import costs elevated for feed makers.

## Read by commodity

- FISHMEAL: bullish ▲

## Sources

- undercurrentnews.com: https://www.undercurrentnews.com/2017/11/27/chinese-fishmeal-prices-hit-year-high-after-peruvian-anchovy-quota-cut/

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