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Undercurrent News reports that China's annual fishmeal imports from countries other than Peru exceeded $1 billion. The story describes how China is diversifying its sources of fishmeal.
China's large and diversifying fishmeal demand supports global prices and shifts trade flows away from Peru-only supply.
undercurrentnews.comLouis HarkellMar 1, 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.
