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China fishmeal prices rose further in late June 2023 as inventories dropped and market conditions were described as chaotic. Peru's exports to China consist largely of metals and fishmeal.
Tighter Chinese fishmeal stocks following Peru's anchovy disruption support higher global fishmeal prices, raising costs for aquafeed and animal feed buyers.
undercurrentnews.comLewis HuJun 27, 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.
