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Shares of China Fishery Group and Pacific Andes Resources Development fell after both reported weaker-than-expected quarterly results. China Fishery posted a fourth-quarter net loss of US$15 million, against a profit a year earlier, and DMG & Partners downgraded it to neutral.
OCBC cited poor fleet and fishmeal performance and a Peruvian fishing quota cut for the coming season.
A cut in Peru's fishing quota reduces fishmeal supply from one of the largest producers, which is supportive for fishmeal prices. The effect on the wider feed market is modest because the story is mainly about company earnings.
theedgemalaysia.comNov 12, 2026Not 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.
