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Shanghai cash prices for Peruvian fishmeal held near RMB17,500/ton during the week, while total port fishmeal inventories kept rising toward 200,000 tons. Domestic Chinese fishmeal prices were also reported in the weekly update.
Steady spot prices alongside growing stocks signal a balanced to softening outlook for Chinese fishmeal buyers.
chinafeedonline.com.hkDec 5, 2023Not 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.
