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Indian fishmeal producers exported more sardine-based fishmeal in the past year after sardine landings rebounded to 251,257 tonnes in 2022. Domestic shrimp feed makers faced higher raw material costs as exports grew.
Strong Indian exports help fill a global fishmeal shortage, but rising domestic input costs show that supply is tight, leaving prices firm.
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.