Analysts: Soaring soybean demand could push up fishmeal prices

Chinese demand is pushing up soy prices dramatically, and painting a firmer picture for fish meal and oil prices as Peru's anchovy season wraps up.

Fishmeal supply and demand is in lockstep but will demand for soybeans disrupt the market balance. — Fishmeal supply and demand is in lockstep but will demand for soybeans disrupt the market balance.Foto: Pexels

John Evans

Published 27 January 2021, 22:21Updated 28 January 2021, 15:48

Fishmeal Enrico Bachis Marine Ingredients Organization Anchovy Rabobank