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Peruvian fishmeal sales to China fell 51%, with Vietnam and India supplying the shortfall. The shift reflects changing export flows in the fishmeal trade.
Redirected Peruvian volumes and new supplier demand tighten availability in China, supporting fishmeal prices for feed buyers.
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.