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Trade in fishmeal between China and Peru surged on strong Chinese demand and healthy Peruvian supply. Peru is China's main fishmeal supplier, and most Peruvian fishmeal exports go to China's feed industry.
Strong import demand from China for Peruvian fishmeal supports prices for protein feed buyers, especially while Peruvian supply is seasonally tight.
undercurrentnews.comLouis HarkellMar 4, 2022Not 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.
