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China's domestic fishmeal market is holding at high levels with port inventories declining slowly and spot supply tight, while traders hold prices firm. Peruvian super fishmeal is quoted at 26,000–26,500 yuan per tonne.
High prices are curbing feed mills' purchasing, which is mostly limited to small rigid-demand orders.
Tight spot supply and high prices keep fishmeal costs elevated for Chinese feed producers, but weak downstream buying is limiting further upside momentum.
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.