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Aquafeed prices in China rose as fishmeal costs picked up in January 2021. The report links the higher feed prices to firmer fishmeal costs.
Higher fishmeal costs raise the price of aquafeed inputs in China, the largest aquafeed market, and can support fishmeal prices globally.
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.