Chinese vessels are illegally extracting squid from Peruvian waters, resulting in a severe shortage and price surge to over 24 soles per kilo in Piura, a worry for local markets. The scarcity has led to decreased consumption and merchants are struggling to find alternatives as the illegal activity disrupts the local squid supply. This issue has extended to Lima, where vendors have noted a drop in squid consumption and have had to replace it with fish. The lack of regulation exacerbates the availability of the product in the local market.