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Peru’s ample anchovy quota sends shockwaves through Chinese market

Chinese traders believe a price of $1,500/t FOB for Peruvian super prime fishmeal will not be sustainable any longer

By Lewis Hu | Oct. 24, 2024 10:41 BST
Credit: Doidam 10 / Shutterstock
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The announcement of Peru's new anchovy fishing quota spike has caused a big shock in the Chinese fishmeal market, which is already experiencing losses [...]

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