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India's GST will apply to fishmeal from October 1, 2019, ending an exemption that ran from July 2017 through September 2019. Industry figures expect shrimp feed prices to rise about 4% in the short term.
Fishmeal is a main protein input for aquafeed, so a tax-driven cost increase lifts feed costs for Indian producers and may reduce fishmeal demand or shift buying elsewhere.
aquafeed.comAquafeed Media SLUOct 3, 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.
