# Pacific Andes gets credit lifeline for key Peru unit as anchovy landings improve - Undercurrent News

> Pacific Andes, a seafood company, received a credit lifeline for its key Peru unit as anchovy landings in the country improve. The report was published by Undercurrent News on July 11, 2017.

- Date: 2017-07-11 · published 2017-07-11T12:00:00.000Z
- Category: market · region Peru · magnitude low
- Page: https://feedsoft.ai/events/69870-pacific-andes-gets-credit-lifeline-for-key-peru-unit-as-anchovy-landings
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Improving anchovy landings in Peru increase fishmeal supply, which tends to pressure fishmeal prices lower. The company financing news itself has little direct effect on the feed commodity market.

## Read by commodity

- FISHMEAL: bearish ▼

## Sources

- undercurrentnews.com: https://www.undercurrentnews.com/2017/07/11/pacific-andes-gets-credit-lifeline-for-key-peru-unit-as-anchovy-landings-improve/

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