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Peru's north-central anchovy season opened strongly, with initial catches at a five-year high. Chinese fishmeal quotations at major ports were revised lower amid high port stocks and restrictions on fishmeal use tied to off-season aquatic products and African swine fever.
A strong early catch combined with weaker Chinese demand from disease-related feed restrictions pressures fishmeal prices lower, although Peruvian prices have held relatively steady so far.
sssfoodmachinery.comDec 5, 2018Not 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.
