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The IFFO January-June 2021 report found less marine raw material in June 2021 than in June 2020, down about 40%. Cumulative first-half production was higher year on year, and China's fishmeal output remains low while imports grow.
Seafood demand and prices remain strong, though shrimp prices flattened in July.
Tighter marine raw material supply and strong China import demand point to firm fishmeal prices for aquafeed buyers.
aquafeed.comAquafeed Media SLUAug 4, 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.
