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Peru Fish Meal FOB Price Hits Record $2,900 per Ton, Up 77% Since May 2025

2026-06-03 12:27:57

According to China International Capital Corp (CITIC), on June 3, Peru's super fish meal FOB export price surged to an all-time high of $2,900 per ton, up 77% from $1,638 per ton in May 2025 - exceeding the average 60% price increase typically seen during El Niño years. Global fish meal exports are projected to decline 15%-20% from April to September 2026 due to production cuts in Peru. Despite potential modest increases from Chilean and Nordic producers, the shortfall cannot fully offset Peru's near 50% export reduction, creating significant supply pressure for import-dependent markets, particularly China, which concentrates purchases between May and September.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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