April 21, 2010
Higher fishmeal prices spark demand for Peruvian anchovies
Anchovy sales in Peru is estimated to grow 30% during the first fishing season, given the global trend in prices of prime quality fishmeal, said Jose Gonzales, the head of the Ministry of Production.
The country's fishmeal prices have gone up substantially this year, reflecting the better processing of the wild-caught anchovies (Engraulis ringens).
During the first fishing season of 2010, super prime fishmeal fetched US$1,806/tonne, from US$995/tonne a year ago, according to reports.
According to the Peruvian Marine Research Institute (IMARPE), catch during week 14 of 2010 reached 9,350 tonnes of anchovy. So far this year, some 303,347 tonnes were fished, that is 30% less than in same period of 2009.