Rabobank: Fishmeal market finely balanced amid reduced Chinese demand

The levelling is underpinned by flooding in parts of China and a higher than expected quota for the first season in Peru's north-central waters.

The supply demand relationship between Peruvian producers and Chinese buyers frequently acts as the market's price setter.
The supply demand relationship between Peruvian producers and Chinese buyers frequently acts as the market's price setter.Photo: Exalmar
Published 18 July 2022, 06:05Updated 18 July 2022, 06:05