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Chinese fishmeal prices fell after Peru announced its first 2024 anchovy season quota. The reported decline reflects buyers reacting to the quota news.
A sizeable anchovy catch in Peru adds fishmeal supply, which pressures prices for buyers in China and globally.
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.