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The Fish Site reports the same IFFO data, with fishmeal production up 6.5% and fish oil up 12% in the first eight months of 2021. China's domestic marine ingredient output resumed in September after all fishing bans were lifted.
Stronger supply from Peru, Chile and India, along with high port stocks, weighs on fishmeal prices, though China's peak output comes in the fourth quarter.
thefishsite.comOct 15, 2021Not 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.
