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Oceana reported a 33% rise in canned fish volumes and profit growth of at least 20% for the four months to 29 January. Fishmeal dollar prices rose 11% and fish oil dollar prices rose 61% versus the prior period, driven by stronger Chinese demand and lower Peruvian anchovy landings and oil yields.
Lower Peruvian anchovy yields and firm Chinese demand are lifting fishmeal and fish oil prices, which tightens marine protein supply for feed buyers.
news24.comCompiled by Karl GernetzkyFeb 28, 2023Not enough comparable past events yet for a historical read.
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.
