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Fishmeal and fish oil prices were reported stable after Peru set its second-season anchovy quota at 2.1 million tons. The quota was seen as meeting market expectations.
Prices holding steady suggests the quota was already priced in, so buyers should not expect a major move in fishmeal costs from this news alone.
undercurrentnews.comLouis HarkellNov 27, 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.
