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Russia rose to fifth place among fishmeal exporters in the first nine months of 2024, with a 5.5% share of 133 thousand tons. Peru supplied 33.2% of global fishmeal exports over the same period.
Russian exports for 2024 are forecast to reach at least 160 thousand tons.
Rising export volumes from Russia and Peru's dominant share indicate ample fishmeal supply, which supports softer 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.