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World Fishing reported IFFO's analysis of marine ingredient markets for January to November 2020. Fishmeal output through November was 0.7% lower year on year, with fish oil production in line with 2019.
Chinese fishmeal imports seasonally declined while pig stock recovery continued.
A small year-on-year fishmeal production decline and recovering Chinese pig demand give mild support to fishmeal prices.
worldfishing.netOPTIMAR ASJan 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.
