# Mysteel Morning Report: Domestic Fishmeal Prices Consolidating in Range-Bound Trade (20261105)

> 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.

- Date: 2026-11-05 · published 2026-11-05T03:06:21.164Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/80971-mysteel-morning-report-domestic-fishmeal-prices-consolidating-in-range-bound
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

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.

## Read by commodity

- FISHMEAL: bullish ▲

## Sources

- ncp.mysteel.com: https://ncp.mysteel.com/a/26110508/0B214116578D6821.html

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