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Former Copeinca CEO Pablo Trapunsky says the asking price for the Peruvian fishmeal and fish oil producer, being sold by China Fishery Group under Chapter 11, is too high. He estimates the company will sell for around USD 800 million rather than the USD 1 billion trustees seek.
The sale price reflects expectations for fishmeal and fish oil values in Peru, a key protein-feed supply source. A lower-than-asked valuation signals limited confidence in premium pricing for marine ingredients.
seafoodsource.comCliff White News » Supply, Trade Featured News 1Oct 6, 2017Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
