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Moody's has assigned a negative outlook to Peruvian fishmeal producer Exalmar while keeping its B3 rating. The report links the outlook to the latest quota and El Niño-affected catches.
The rating outlook reflects pressure on fishmeal producers from volatile catches and prices. It has little direct effect on fishmeal supply or prices.
undercurrentnews.comNov 22, 2016Not 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.
