Loading…

The CCAMLR meeting in Hobart ended on October 30 without agreement on new marine protected areas or new krill-fishing management measures. China and Russia have blocked new protected areas for nearly a decade, and China proposed redefining existing MPAs to allow fishing.
Krill is a feed input for aquaculture, so continued unregulated krill harvesting could affect future krill meal and oil supply. Any near-term price effect is small.
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.