All is quiet in the fishmeal and fish oil sector at the moment, as the industry eagerly awaits the results of a scientific expedition by the Instituto del Mar del Peru (Imarpe) and the subsequent quota decisions for the second anchovy fishing season.
“Nobody is taking any position, because if there is a low quota in Peru then obviously what is left in terms of stocks will be much more valuable than it is now,” Enrico Bachis, chief analyst at the International Fishmeal and Fish Oil Organization (IFFO), told IntraFish.
“On
