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IFFO estimates China's fishmeal and fish oil output fell 20 to 30 percent in 2025 and sees no recovery in 2026. China is in its fishing off-season until the end of April, with a summer moratorium following from May.
Chinese domestic output staying low keeps demand for imported fishmeal strong, supporting global fishmeal prices.
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.