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Chilean conglomerate Copec reported a lower profit for its fishing division. The decline was attributed to falling fishmeal and fuel prices.
Weaker fishmeal prices signal ample supply and lower protein costs for feed buyers. Lower fuel costs also reduce fishing and processing expenses for producers.
undercurrentnews.comMatilde MereghettiSep 1, 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.
