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China's fishmeal imports fell year on year in January and February 2022, with Peru, Russia and Vietnam as top suppliers. Logistics problems and Covid port measures, plus earlier procurement at end-2021, reduced offtakes.
Weaker Chinese fishmeal imports reduce demand from the largest global market, which is bearish for fishmeal prices despite tight Peruvian supply.
agnavigator.comJane ByrneApr 15, 2022Not 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.
