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South African fishing group Oceana expects half-year earnings to rise at least 60%, driven by its US subsidiary Daybrook, where revenue doubled on higher opening inventory and strong global fishmeal and fish oil pricing. Canned fish revenue fell 8.7% and South African fishmeal revenue dropped 36.3%.
Strong global fishmeal and fish oil pricing reported by a major producer indicates firm marine ingredient values, supporting feed costs.
maritimereview.co.zaMRA OnlineMar 18, 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.
