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FF Skagen closed its Hanstholm fishmeal and fish oil plant after industrial fish quotas fluctuated, and Triplenine cut staff. New fishmeal plants in the North Sea, Baltic and Norway are increasing competition for a shrinking catch.
Lower processing capacity and uncertain quotas reduce expected European fishmeal and fish oil supply, which is mildly supportive for prices.
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.