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Thursday, November 28, 2024
Cooke finalises acquisition of Peru's largest fishing company
Cooke has completed the acquisition of Copeinca, following a binding share purchase agreement between Copeinca Canada Inc, a wholly owned subsidiary of Cooke, and PF Cayman New Holdco Limited.
Tuesday, November 19, 2024
Peru drives growth in global fishmeal production as IFFO reports modest increase in fish oil output
Peru's strong anchovy seasons have significantly contributed to a notable increase in global fishmeal production for 2024, according to the latest report from IFFO – The Marine Ingredients Organisation.
Thursday, October 3, 2024
Global fishmeal production rises by 36% amid surge in Peruvian supply
Fishmeal production saw a substantial increase of almost 36% in the first seven months of 2024 compared to the same period in 2023, due to a significant year-on-year increase in the supply from Peru, following a productive fishing season in ...
Friday, August 30, 2024
Global fishmeal and fish oil production rises in 2024, driven by strong Peruvian anchovy harvest
Global production of fishmeal and fish oil has increased significantly in 2024, largely due to a successful anchovy-fishing season in Peru, according to the latest analysis by IFFO – The Marine Ingredients Organisation, SeafoodSource ...
Thursday, November 10, 2022
Peru to allocate funding for fishing and aquaculture projects
Peru will allocate PEN 1.23 million (~US$315,000; PEN 1 = US$0.26) in funding for 34 fishing and aquaculture projects that won a National Program for Innovation in Fisheries and Aquaculture (PNIPA) contest, Fish Information & Services repor ...
Tuesday, November 24, 2020
China Fishmeal: Prices dip amid high Peru fishing quota (week ended Nov 20, 2020)
Fishmeal prices slid prominently over the week, almost eliminating the gains during early November. On view of abundant availability due to Peru's exceptionally high fishing quota for the new season, traders slash prices in efforts to move ...
Monday, January 20, 2020
China Fishmeal Weekly: Abrupt Peru fishing halt pumps up prices (week ended Jan 17, 2020)
As the import costs of Peruvian fishmeal increased tremendously, traders lifted prices accordingly. Buyers increased stockpiles to secure supplies, shrinking the port inventory of fishmeal to 135,500 tonnes, which was 14% lower compared wit ...
Tuesday, January 7, 2020
China Fishmeal Weekly: Peru fish catch concern strengthens prices (week ended Jan 3, 2019)
Buyers stocked depleted fishmeal inventories prudently as prices of the product continued to soar amid rising import costs. With imports staying low, port inventories diminished 1.9% to 166,800 tonnes.
Monday, December 23, 2019
China Fishmeal Weekly: Market strengthens amid soaring Peruvian fishmeal prices (week ended Dec 20, 2019)
As the import costs of Peruvian increased sharply, traders lifted prices in response. Feed producers restocked depleted inventories amid concerns that tight availability will drive fishmeal prices to rise tremendously. Port inventories slid ...
Friday, December 20, 2019
Abundant fish and lower aqua feed prices: Will ASF, Peruvian production and weather patterns break two decades of price inflation?
After two decades of shrinking fishmeal markets, stabilizing world supplies, rebounding Peruvian production is coinciding with falling Chinese demand. But even better news may lie ahead.
Monday, November 4, 2019
Peruvian fishmeal producer witnesses drop in third quarter earnings
November 4, 2019 Peruvian fishmeal producer witnesses drop in third quarter earnings Peruvian fishmeal producer Pesquera Exalmar has seen seen a decline in earnings in the third quarter of this year due to lower anchovy catches and higher o ...
Monday, April 30, 2018
China Fishmeal Weekly: Tumbling Peruvian fishmeal prices weaken China market (week ended Apr 27, 2017)
Despite expanding aquaculture farming, cautious feed producers were reluctant to expand fishmeal purchases. Port inventories of fishmeal climbed to 112,600 tonnes as a result, exerting pressure on the market. With the import costs of Peruvi ...
Monday, January 29, 2018
China Fishmeal Weekly: China fishmeal prices firm while Peru ends fishing early (week ended Jan 26, 2017)
China's fishmeal port inventories expanded further to 76,000 tonnes amid light demand. Although feed millers were alarmed by Peru's early ending of the fishing season, most of them remained cautious with purchases. Traders and local fishmea ...
Wednesday, December 6, 2017
China Fishmeal Weekly: Soaring Peruvian fishmeal prices strengthen China market (week ended Dec 1, 2017)
CNF prices of Peruvian prime-grade fishmeal jumped to US$1,800/tonne, up by a whopping US$250. The fish catch for the first few days were disappointing as the proportion of small fish was high.
Wednesday, December 6, 2017
China Fishmeal Weekly: Low Peru fishing quota fuels fishmeal price rally in China (week ended Nov 24, 2017)
CNF prices of Peruvian prime-grade fishmeal surged to US$1,550/tonne as the new fishing season commenced on November 23 with an extremely low quota of 1.49 million tonnes.
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