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Peruvian super steam-dried fishmeal spot prices rose to a record 26,200-26,500 yuan/tonne this week, while national port fishmeal inventories fell to 106,500 tonnes, below 110,000 tonnes. Peru's first anchoveta season is expected to be restricted by El Niño, and a short exploratory anchovy fishing season opened October 24 but has yielded little catch.
Expected restrictions on Peru's anchoveta catch and falling port stocks point to a tight fishmeal balance into 2027, supporting higher fishmeal prices and costlier protein for feed mills.
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.
