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Chile's fishmeal export values reached a 20-year high as Asian buyers paid record prices. The trade data points to strong demand for marine protein from Asia.
Record Asian buying and high export values show tight global fishmeal supply, supporting fishmeal prices. Feed buyers face higher costs for marine protein inputs.
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.