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Blumar's chairman said fishing conditions in Chile are recovering and that fishmeal pricing is stable. The comments were made in an Undercurrent News interview published April 21, 2017.
Improving Chilean catch rates raise fishmeal supply expectations, which tends to cap prices for fishmeal-based feed ingredients. Stable pricing suggests no near-term price shock.
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.