# Chinese demand for agricultural commodities continues to support global prices: Grain Market Daily | AHDB

> Wheat futures in Paris and Chicago rose after the USDA's WASDE raised global 2020/21 wheat consumption and exports while trimming stocks. Malaysian palm oil inventories fell to their lowest in more than three years, and palm oil values rallied.

- Date: 2020-11-11 · published 2020-11-11T12:00:00.000Z
- Category: trade · region Global · magnitude medium
- Page: https://feedsoft.ai/events/12425-chinese-demand-for-agricultural-commodities-continues-to-support-global-prices
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Strong Chinese demand and tighter palm oil stocks support vegetable oil and wheat prices, though slower export demand may limit gains.

## Read by commodity

- WHEAT: bullish ▲
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-07-20 | [Strong demand for EU wheat going into the 2022/23 marketing year: Grain market daily \| AHDB](https://feedsoft.ai/events/40542-strong-demand-for-eu-wheat-going-into-the-2022-23-marketing-year-grain-market.md) | -10.6% | -0.6% |
| WHEAT | 2020-11-17 | [Rapeseed prices could be helped higher by sunflowers: Grain Market Daily \| AHDB](https://feedsoft.ai/events/50257-rapeseed-prices-could-be-helped-higher-by-sunflowers-grain-market-daily-ahdb.md) | -3.0% | +4.3% |
| WHEAT | 2026-01-30 | [Wheat continues to rise - export demand supports US](https://feedsoft.ai/events/21105-wheat-continues-to-rise-export-demand-supports-us.md) | -0.3% | +3.1% |
| WHEAT | 2020-11-20 | [Feed weekly outlook: Export demand supports grain prices - Grainews](https://feedsoft.ai/events/50227-feed-weekly-outlook-export-demand-supports-grain-prices-grainews.md) | -2.9% | +4.7% |
| WHEAT | 2019-10-27 | [A look at the demand side, even while harvest continues - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/56671-a-look-at-the-demand-side-even-while-harvest-continues-agweek-1-source-for.md) | -0.2% | +6.0% |
| PALMOIL | 2023-11-22 | [Global soybean oil prices continue to rise amid tight supply](https://feedsoft.ai/events/33253-global-soybean-oil-prices-continue-to-rise-amid-tight-supply.md) | -0.5% | -2.9% |
| PALMOIL | 2018-09-26 | [Prices for sunflower oil continue to decline](https://feedsoft.ai/events/63119-prices-for-sunflower-oil-continue-to-decline.md) | -2.4% | -0.5% |
| PALMOIL | 2026-03-01 | [Indian demand for palm oil to rebound as prices at discount to Chinese soyoil, analysts say](https://feedsoft.ai/events/20692-indian-demand-for-palm-oil-to-rebound-as-prices-at-discount-to-chinese-soyoil.md) | +5.0% | +8.4% |

## Sources

- ahdb.org.uk: https://ahdb.org.uk/news/chinese-demand-for-agricultural-commodities-continues-to-support-global-prices-grain-market-daily

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.