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The International Fishmeal and Fish Oil Organisation (IFFO) described the Peruvian quota as reasonable and said there is considerable optimism about global fishmeal supply. The comments follow the announcement of the first-season anchovy catch limit.
Industry optimism about supply points to adequate fishmeal availability, which tends to restrain fishmeal price gains despite tight-looking quotas.
undercurrentnews.comLouis HarkellApr 28, 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.
