Peru presidential election: first round second place?
Short Answer
1. Executive Verdict
- Keiko Fujimori's 54% national rejection rate strongly limits her potential.
- Rafael López Aliaga leads in the South with 24.3% support (Datum poll).
- Rafael López Chau shows strong South performance, leading with 26% (Ipsos poll).
- Conflicting South polling creates uncertainty for Rafael López Aliaga's support.
- National polling data for Rafael López Chau is currently unavailable.
Who Wins and Why
| Outcome | Market | Model | Why |
|---|---|---|---|
| Rafael López Aliaga | 2.1% | 2.9% | López Aliaga maintains a dedicated conservative base, making him a consistent, if not top, contender. |
| Roberto Sánchez Palomino | 95.8% | 93.7% | Roberto Sánchez Palomino is a strong contender, currently well-positioned to secure the second place. |
| Jorge Nieto | 1.0% | 1.2% | Jorge Nieto has some political experience but lacks widespread recent electoral support. |
| Ricardo Belmont | 1.0% | 1.2% | Ricardo Belmont is a media personality whose political influence has recently diminished. |
| Keiko Fujimori | 0.1% | 0.1% | Keiko Fujimori faces significant voter skepticism and legal hurdles in her campaigns. |
2. Market Behavior & Price Dynamics
Historical Price (Probability)
3. Significant Price Movements
Notable price changes detected in the chart, along with research into what caused each movement.
Outcome: Roberto Sánchez Palomino
📉 April 22, 2026: 11.0pp drop
Price decreased from 91.0% to 80.0%
📉 April 15, 2026: 24.0pp drop
Price decreased from 74.0% to 50.0%
Outcome: Rafael López Aliaga
📉 April 17, 2026: 13.0pp drop
Price decreased from 27.0% to 14.0%
📉 April 16, 2026: 26.0pp drop
Price decreased from 53.0% to 27.0%
4. Market Data
Contract Snapshot
The market resolves to "Yes" if Roberto Sánchez Palomino secures 2nd place in the first round of the 2026 Peruvian presidential election, as certified by the Jurado Nacional de Elecciones (JNE). A "No" resolution occurs if he does not place second, if a write-in candidate finishes second, or if the election is canceled or postponed beyond the expiration date. The market opened on March 25, 2026, and closes either upon outcome certification or by March 25, 2027; exact ties for second place result in proportional resolution.
Available Contracts
Market options and current pricing
| Outcome bucket | Yes (price) | No (price) | Last trade probability |
|---|---|---|---|
| Roberto Sánchez Palomino | $0.95 | $0.05 | 96% |
| Rafael López Aliaga | $0.07 | $0.95 | 2% |
| Jorge Nieto | $0.02 | $1.00 | 1% |
| Ricardo Belmont | $0.01 | $1.00 | 1% |
| Alfonso López Chau | $0.01 | $1.00 | 0% |
| Carlos Álvarez | $0.00 | $1.00 | 0% |
| George Forsyth | $0.00 | $1.00 | 0% |
| Keiko Fujimori | $0.00 | $1.00 | 0% |
| Wolfgang Grozo | $0.00 | $1.00 | 0% |
Market Discussion
Limited public discussion available for this market.
5. How Do Polls Show Rafael López Aliaga's Performance Differently?
| López Aliaga South Lead | 24.3% (Datum's April 2026 poll) [^] |
|---|---|
| López Aliaga South Trailing | 10% (Ipsos' April 2026 poll) [^] |
| Fujimori North Lead | 19% (Ipsos) to 19.3% (Datum) [^] |
6. Are Second-Choice Preferences for Peruvian Candidates Available from CPI Polls?
| Second-choice preferences for lower-tier candidates | Not detailed in CPI poll summaries [^] |
|---|---|
| Primary focus of CPI polls (early 2026) | First-round voting intentions and overall percentages for 2026 Peruvian general election [^] |
| Granular data on specific candidate bases | Not included in available reports [^] |
7. What are Keiko Fujimori and Rafael López Aliaga's Rejection Rates?
| Keiko Fujimori Rejection Rate | 54% (IEP February 2026 national survey [^]) |
|---|---|
| Rafael López Aliaga Rejection Rate | Not explicitly provided in recent IEP surveys [^] |
| Primary Source for Fujimori Data | IEP February 2026 opinion report [^] |
8. Which Political Party Leads Peruvian Campaign Spending for Elecciones 2026?
| Leading Campaign Spender | Alianza para el Progreso (APP) [^] |
|---|---|
| Total Spending (33 Parties) | Over 15 million soles [^] |
| Parties Not Submitting Reports | 6 presidential tickets by March 29, 2026 [^] |
9. Which Candidate Saw the Largest Post-Debate Polling Bounce in Peru?
| De Soto Vote Intention Increase | 2.9 percentage points (IEP public opinion study) [^] |
|---|---|
| Increase Timeframe | One week [^] |
| De Soto Highest Poll Position | Second place (Ipsos poll) [^] |
10. What Could Change the Odds
Key Catalysts
Key Dates & Catalysts
- Expiration: March 25, 2027
- Closes: March 25, 2027
11. Decision-Flipping Events
- Trigger: Catalyst analysis unavailable.
13. Historical Resolutions
No historical resolution data available for this series.
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