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Rabobank analyst Gorjan Nikolik says large unfilled order volumes will weigh on the Peruvian fishmeal market outlook. Demand from Asian aquaculture, particularly shrimp, is expected to influence fishmeal prices and feed costs.
Large order backlogs and strong Asian aquaculture demand point to firmer fishmeal prices, which raises input costs for animal-feed buyers relying on fishmeal.
intrafish.comJohn EvansMay 12, 2020Not 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.
