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Brazilian Renderers and ABRA met with the China Chamber of Commerce (CFNA) in Beijing during the Asia 2024 Mission to discuss exports of animal meal. CFNA expressed interest in fish oil, pork and beef meat and bone meal, and invited a speaker to a China conference.
Expressed Chinese interest in Brazilian meat and bone meal and fish products signals potential future export demand, but no contract or volume has been confirmed, so the price effect is limited.
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.