# High fishmeal prices persist ahead of Chinese New Year - Undercurrent News

> Fishmeal prices remain high ahead of the Chinese New Year as Chinese buyers pause activity during holidays. The article describes continued elevated pricing in the market.

- Date: 2024-02-09 · published 2024-02-09T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/31760-high-fishmeal-prices-persist-ahead-of-chinese-new-year-undercurrent-news
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Persistently high fishmeal prices raise feed costs for aquafeed and livestock buyers, with limited near-term relief expected.

## Read by commodity

- FISHMEAL: bullish ▲

## Sources

- undercurrentnews.com: https://www.undercurrentnews.com/2024/02/09/high-fishmeal-prices-persist-amid-sale-rush-ahead-of-chinese-new-year/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.