Bullish sentiment creeps into fishmeal market after quota announcement

The first-season Peruvian anchovy quota was lower than expected, but market demand and supply appear to be more balanced than in past years.

Pesquera Diamante's fishmeal and oil processing facility in Pisco, Peru. Peruvian producers expected a higher anchovy quota for this season, but the market is showing some positive signs.
Pesquera Diamante's fishmeal and oil processing facility in Pisco, Peru. Peruvian producers expected a higher anchovy quota for this season, but the market is showing some positive signs.Foto: Pesquera Diamante
Published 28 April 2021, 05:15Updated 28 April 2021, 12:25