The coronavirus pandemic is disrupting aquaculture, with fishers kept in port and reduced consumer demand for farmed seafood. Peru, India and Mauritius have seen fishmeal and fish oil production curtailed by lockdowns, and little production is expected in India in 2020.
Lockdown-driven production losses in Peru, India and Mauritius tighten global fishmeal supply, which is bullish for fishmeal prices and pressures feed costs.
Not enough comparable past events yet for a historical read.
After 16 past disease events, Palm Oil moved a median +0.3% over 5 sessions (56% higher; middle half -3.2% to +1.5%), and -7.7% over 20.
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.