Fish oil prices fall as Peruvian producers fret over carried stock
Fish oil prices have dropped significantly in early 2025, with producers in Peru selling at around $2,600/t CFR China, down from December highs of $3,190/t FOB
Peru’s strong fishing season helps offset global fishmeal shortage in 2024
The global fishmeal and fish oil markets saw notable shifts in production and demand through the latter part of 2024, according to the latest report from the IFFO
Russia’s Gidrostroy launches $31m pollock plants in Sakhalin amid record catches
Russian fishing giant Gidrostroy opened two new pollock processing plants in Sakhalin Oblast in 2024, with a total investment of RUB 3.2bn
Peru’s fishmeal market softens despite weather disruptions
Peruvian fishmeal prices have weakened in the first week of 2025 as high inventories in Chinese ports and seasonal slowdowns in feed demand continue to pressure the market
Chilean seafood sales see strong growth as squid, mackerel, salmon shine in global markets
Chile's seafood export sector saw notable growth in November, with total shipments reaching $768 million, up 8.3% compared to the same month in 2023
Nofima successfully trials Corbion microalgae product as fish oil alternative for salmon
Nofima's test of AlgaPrime DHA LS found that more of the microalgae could be added to feed than first thought
Peru anchovy landings hit 4m metric tons as Chinese prices soften
Peru's fishmeal industry is on track for one of its strongest years, with catches reaching nearly 4 million metric tons through early December
Japanese sardine fishery enters full MSC assessment
The Japanese sardine purse seine fishery in eastern Hokkaido has entered the full assessment process for the MSC fisheries certification
Blumar sees revenue, earnings drop in tough Q3
Chilean salmon farmer Blumar faced a challenging third quarter in 2024, with its financial performance significantly impacted by a combination of environmental issues and weaker market conditions
Pelagia to open new mackerel filleting factory in 2025 as part of value drive
Norwegian pelagics giant Pelagia is set to open a new filleting factory in Egersund for single-frozen mackerel next year, according to CEO Egil Haugstad.