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Aquafeed.com, citing Senegalese reporting, says foreign fishmeal demand is driving up sardinella prices locally and threatening livelihoods in Senegal. Fishmeal plants have been built along the Senegalese coast to serve Asian and European aquaculture.
Growing fishmeal plant capacity in West Africa adds to global fishmeal demand, supporting prices for the ingredient. This is a regional social issue with limited immediate price impact.
aquafeed.comAquafeed Media SLUJul 12, 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.
