Fishmeal market turns bearish on good production,

(01/10/19)

 ASF, high China stocks

The fishmeal market is described as bearish as good production in Peru weighs on market prices while stocks mount in China, as demand there takes a bigger hit than expected from an African Swine Fever (ASF) outbreak.

“It’s all bearish news,” James Frank, director of Peruvian fishmeal trading company MSICeres, told Undercurrent News.

“The market is dropping in China as local fishmeal is competing with imported and port stocks are...................................................


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