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IFFO reported that total fishmeal production in 2020, including salmon-based meal, rose 11% from 2019. Fish oil output rose 12%, although Chile, the USA and India posted significant declines in fishmeal.
Chinese domestic production paused for the Spring Festival.
Higher global fishmeal supply eases pressure on prices, though the drop in India's output and China's seasonal pause limit the loosening. China remains the main buyer of marine ingredients.
aquafeed.comAquafeed Media SLUFeb 3, 2021
aquafeed.co.ukJoy NelloolichalilFeb 3, 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.
