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Anjoy Foods reported that its third-quarter gross margin was under pressure due to higher surimi and other raw material prices. The company said El Niño has reduced global marine surimi catches, feed fish demand from crab and turtle farming has grown, and some fishmeal producers are diverting raw fish from surimi processing.
Anjoy said it is offsetting costs through its acquired freshwater surimi suppliers and by narrowing promotions.
Diversion of raw fish into fishmeal and aquaculture feed competes with surimi processing, which can keep fishmeal supply tight and prices firm. El Niño-driven catch declines reinforce that tightness.
finance.sina.com.cn格隆汇APPNov 12, 2026
news.futunn.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.
