Peru Fishing Restrictions, China Supply Constraints Shape Marine Ingredients Market

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Peru's anchoveta season continues to progress slowly under Coastal El Niño conditions, with authorities extending fishing bans in the north-central region through June 10 due to high juvenile abundance and warm sea temperatures.

The country, which accounts for 20% of global fishmeal and fish oil production in normal years, implemented the precautionary measure on May 27 as part of ongoing efforts to manage anchovy biomass, according to IFFO Market Research Director Enrico Bachis.

Meanwhile, China's domestic marine ingredients production remains constrained following fishing bans implemented on May 1...

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