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Peru's fishery exports fell sharply as reduced fishmeal production cut shipments, with China the main destination. Metals and fishmeal make up most of Peru's exports to China.
Lower Peruvian fishmeal output tightens global protein meal supply and supports prices for fishmeal substitutes.
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.