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Peruvian fishmeal prices in China reached new highs as inventories continued to deplete, according to Undercurrent News. The report describes ongoing tightness in the Chinese fishmeal market.
Tight Chinese inventories plus a prolonged Peruvian anchovy suspension keep fishmeal supply constrained, supporting higher feed ingredient prices for buyers.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.