PERU fishing with guts to report…
The price of fish meal in Peru, which is the largest producer of this product has jumped to its highest level in more than a decade due to low stocks of anchovy in the Peruvian coast, raising the cost of feed for salmon farms and Prawns.
Spot prices of fish meal reached US $ 2,370 per metric ton last week, an increase of 66% compared to US $ 1430 earlier this year, acurdo with data from Peru Broker SA. The lower production of oil and fish meal in Peru could create a situation of price “Blast”, According to the World Oil anbalista the industry.
On October 27, Imarpe said biomass in the southern coasts was insufficient to recommend that the second fishing season of the year begins. The November 20 will conduct a new study to recalculate the state of the anchovy population.
This increase will raise the cost of aquaculture for carnivorous species such as salmon and shrimp.
The current price is the highest since late 2000, when spot prices were US $ 475 a tonne, according to Peru Broker.
SOURCE: Elcomercio.pe
