Loading…
Peru's north-central anchovy catch reached 62.36% of its quota by December 10, with pre-sale fishmeal volume around 140,000 tons. Chinese port fishmeal inventories rose above 200,000 tons, and imported Peruvian super steam fishmeal fell about 300 yuan/ton in a week.
Rising Chinese stockpiles and weak off-season aquaculture demand are pushing fishmeal prices lower, while the new-season pre-sale price of US$2,000/ton sets a benchmark 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.