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IFFO reports global fishmeal and fish oil output rose about 30% in March 2021 versus March 2020, with first-quarter fishmeal output up 60%. Peru and Chile produced above their five-year March averages, while Chinese fishmeal output stayed weak in April.
Stronger supply from Peru and Chile adds fishmeal to the market and eases prices, though weak Chinese output limits the downside.
fishfocus.co.ukFish FocusMay 20, 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.
