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ADEX, Peru's exporters' association, projects that fishing exports will close 2026 in negative territory because El Niño is affecting several species, particularly anchoveta. Fishmeal and fish oil account for nearly half of Peru's fishing exports, and their shipments are expected to keep declining.
Reduced Peruvian anchoveta output limits global fishmeal supply, supporting prices for feed buyers. Uncertainty about the 2027 season adds to the upward pressure.
rumbocomex.comPortal PortuarioNov 3, 2026Not 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.
