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Ecuadorean fishmeal producer Pesquera Polar is investing $10 million in a new fishmeal plant. The announcement concerns capacity expansion at a single company.
Added Ecuadorean capacity increases future fishmeal supply, a modest bearish factor for prices over time.
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.