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Chile's fishmeal and fish oil revenues declined in 2024 as Peruvian output rose. The shift reflects a larger supply base from Peru weighing on the wider market.
Rising Peruvian output increases global fishmeal supply and tends to cap prices. Lower Chilean revenue signals softer pricing conditions for producers.
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.