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China's fishmeal imports reached a 12-year high in 2017, according to trade data. Price forecasts for fishmeal over the coming period are mixed, with analysts not agreeing on the direction.
Strong Chinese buying absorbs available fishmeal supply, which supports prices, but conflicting forecasts leave the near-term price direction uncertain for feed buyers.
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.