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Peruvian fishmeal has no spot inventory offered abroad, with super-steam fishmeal presale references at CNF $3,450 per tonne. Several aquafeed makers raised prices by 150-600 yuan per tonne in early November, passing cost pressure to end users.
Peru's ENFEN reports warming persists across much of the tropical Pacific, with El Niño expected to remain significant until February 2027.
Tight Peruvian export supply and rising El Niño risk keep fishmeal prices firm, supporting feed costs for buyers and pushing up substitute protein demand such as soybean meal.
ncp.mysteel.comNov 5, 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.
