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Fishmeal prices in China rose by almost $100 per ton, according to Undercurrent News, with the report dated May 21, 2021. The article gives no detailed cause for the move.
Higher Chinese fishmeal prices raise the cost of premium protein for aquafeed and swine feed, supporting the broader fishmeal price level.
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.