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Sources say a Chinese group is in talks to build the first fishmeal plant in Uruguay. The project is at the discussion stage.
A new Uruguayan plant would add fishmeal capacity over time, a modest bearish factor if it proceeds. Near-term price impact is likely minimal.
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.