# Why is the fishmeal market weak again in its peak season?

> An FX Agri analysis says Peruvian fishmeal sales pressure is high, with about 400,000 tonnes unsold after pre-sales of roughly 230,000 tonnes. Peruvian super steam-dried fishmeal CNF has fallen to about $1,650 per tonne from a $2,400 peak last year. Chinese feed mills are buying cautiously, and the outlook is for further weakness unless a limited quota is announced for Peru's next season.

- Date: 2026-11-04 · published 2026-11-04T07:36:35.007Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/79408-why-is-the-fishmeal-market-weak-again-in-its-peak-season
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Heavy Peruvian inventory and cautious buyers point to softer fishmeal prices in the aquaculture season, though a small quota for Peru's next catch could reverse the trend.

## Read by commodity

- FISHMEAL: bearish ▼

## Sources

- fxbwd.com: https://www.fxbwd.com/6663.html

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