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Fishmeal prices in China fell sharply in mid-September 2024 as a surge of Peruvian supply reached the market. The article reports the price decline and links it to the larger volume of product arriving from Peru.
Heavier Peruvian fishmeal supply and falling Chinese prices weigh on global fishmeal values, which lowers feed costs for aquafeed and livestock buyers who use fishmeal as a protein source.
undercurrentnews.comLouis HarkellSep 17, 2024Not 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.
