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The IFFO monthly market report for June 2021 shows marine raw material volumes about 40% below June 2020, mainly because Peru's 2020 first fishing season peaked in June. Cumulative first-half 2021 production was higher year on year in most countries analysed, with Peru, Chile and India reporting gains.
China is singled out as the main market for marine ingredients.
Lower June raw material supply in key producers, combined with strong demand from China, tends to support fishmeal prices for feed buyers.
aquafeed.co.ukJoy NelloolichalilAug 8, 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.
