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The global fishmeal market has slowed as Chinese demand falls, outweighing a decline in supply. Undercurrent News reports the shift in market balance on February 21, 2020.
Weaker Chinese buying offsets tighter supply, which points to softer fishmeal prices in the near term.
undercurrentnews.comMatilde MereghettiFeb 21, 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.
