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Blackmores reported Q1 sales up 7.7% to AUD 162 million, but normalised operating profit fell 23.4% as higher raw material costs, including fish oil, weighed on margins. Growth came mainly from South East Asia, South Korea, Australia and China.
Rising fish oil input costs for nutraceutical makers signal firmer fish oil demand and prices. The effect on feed-grade commodity prices is minor.
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.