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China's fishmeal market sentiment softened after the new anchovy fishing season opened in north-central Peru. Traders showed less conviction on prices once fishing was underway.
Softer sentiment as new Peruvian supply arrives tends to pressure fishmeal prices lower. Feed buyers may see reduced urgency to cover forward needs.
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.