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Chinese fishmeal prices were partially weak and volatile in the week of June 13-20, with port inventories declining slightly. Downstream feed demand is picking up slowly, while new Peruvian season pre-sales are reportedly about 80% sold at $1,850/ton.
Stable feed-company demand and firm Peruvian pre-sale pricing point to a supported fishmeal price floor heading into the second season.
laitimes.comJun 29, 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.
