Loading…
Chinese fishmeal prices reached a year high after Peru cut its anchovy quota. Buyers in China are reacting to reduced expected Peruvian supply.
China is the largest fishmeal importer, so strong Chinese prices reflect tight global supply and keep import costs elevated for feed makers.
undercurrentnews.comLouis HarkellNov 27, 2017Not 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.
