As of December 27, Peru's north-central catch reached around two million tonnes, accounting for 80% of the fishing quota.
FOB prices of Peru's FAQ fishmeal were stable at US$1,100/tonne over the week, as some global buyers stocked up before the Christmas holiday.
China's fishmeal sales remained slack and port inventories were moving slowly. Peruvian fishmeal imports, which had come down to the last few batches of previous-season's orders, sank 38% on-month to 32,967 tonnes in November.
Chinese traders are counting on the kickoff of Lunar New Year holiday restocking to revive the fishmeal trade.