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Thai fishmeal prices fell to USD1.04/kg, their lowest level in seven years. The Thai Fishmeal Producers Association says China and Vietnam are cutting animal feed production, leaving an overstock.
Weaker feed output in major importers cuts fishmeal demand and pressures prices lower across Asian markets.
asian-agribiz.comHa ThuJul 4, 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.
