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China and Iceland signed a trade agreement covering aquaculture products and fishmeal. The deal lowers trade barriers for Icelandic fishmeal and seafood entering China.
Easier access for Icelandic fishmeal into China adds a supply route to a major importer, which could modestly ease prices.
Not 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.