# Former Copeinca CEO says asking price too high | SeafoodSource

> 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.

- Date: 2017-10-06 · published 2017-10-06T12:00:00.000Z
- Category: market · region Peru · magnitude low
- Page: https://feedsoft.ai/events/68556-former-copeinca-ceo-says-asking-price-too-high-seafoodsource
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

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.

## Read by commodity

- FISHMEAL: neutral

## Sources

- seafoodsource.com: https://www.seafoodsource.com/features/former-copeinca-ceo-says-asking-price-too-high

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