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Indonesian fish feed producers plan to raise prices by about 3.8% by May 1 after production costs rose 5.4%, driven by soybean meal, vitamins and dollar appreciation. Soybean prices have risen more than 10% so far this year, partly due to drought in Argentina.
Rising soybean meal costs and a stronger dollar lift feed input costs in Indonesia, supporting soybean meal demand and prices in the region.
benisonmedia.comAshwani VermaMay 21, 2018Not enough comparable past events yet for a historical read.
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.
