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Wholesale and retail fish prices in Lima and Tumbes have risen sharply, with chauchilla up from 15–18 soles to 30 soles per kilo and bonito up from 8 to 13 soles. Usual species have stopped arriving regularly, and buyers are shifting to substitutes such as perico, cojinova and tilapia.
El Niño is shifting fish stocks away from traditional catch areas, which tightens domestic supply and signals stress in the Humboldt anchoveta fishery that feeds the fishmeal market.
Not 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.