Loading…
Superprime fishmeal at Shanghai port fell to 14,950 yuan per tonne in week 33, down 200 yuan on the week and 1,400 yuan since mid-June. Buyers are delaying purchases while Peruvian output rises ahead of the second anchovy season.
Oversupply and slow Chinese buying are pushing fishmeal prices lower, which weighs on feed formulators' costs for fishmeal-based rations.
infinityagrointl.comInfinityAug 27, 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.
