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Síldarvinnslan has stopped operations at its Helguvík fishmeal and fish oil factory in Iceland due to low capelin supply. Raw material intake will end after the capelin season, which is uncertain.
The company also cites rising costs and efficiency needs.
The closure reduces Icelandic fishmeal and fish oil capacity, tightening an already limited fishmeal supply. Buyers should expect continued support for fishmeal prices as Icelandic output declines further.
aquafeed.comAquafeed Media SLUFeb 13, 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.
