Peru is expected to announce the total allowable catch (TAC) for the first anchovy season in the center-north area as soon as this week.

Its said quota is to be 2.8 million metric tons while many producers expect the quota  ranging between 2m and 3 m metric tons.  Today, Peruvian fishmeal super prime RMB price is at 11300-11500/mt level but negotiable due to poor demand with current stock at China main port about 160,000 mt level.    If the quota is set in the upper part of the range, it could pressure not only China but global fishmeal prices.  

09:23.Lima, Jan. 25. The Ministry of Production (Produce) decided that the January 27 end of the second fishing season 2016 anchovy and longnose anchovy in the area between the northern end of Peru's maritime domain and 16o00'S.

Through Ministerial Resolution No. 046-2017-Produce, published today in the Official Gazette El Peruano, it is established as the maximum term for the download of anchovy extracted during the second season at 8:00 am on the second business day counted from The day after the resolution was published.

Total Fishing of North & Center 2016 2nd Fishing Season from 11 Nov 2016 - 10 Jan 2017 is 1,633,942 mt