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Peru's new SNP industry association head said lower Chinese demand is worrying the Peruvian fishmeal industry. The article was published December 6, 2019, and its page also shows a later-dated header about the association's leadership.
China is the largest buyer of Peruvian fishmeal, so weaker Chinese demand can pressure export prices and lift Peruvian stock levels. This adds downside risk to fishmeal prices for feed buyers.
undercurrentnews.comMatilde MereghettiDec 6, 2019Not 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.
