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Nikkei Asia previews the 2023 commodity outlook, noting that China's reopening from COVID restrictions and US interest-rate policy will set the tone. Prices are expected to ease from the historic highs reached in 2022 after the Ukraine war and broad inflation.
China's demand recovery is supportive for industrial and agricultural commodities, while a moderating rate path eases pressure on prices. The piece is a general outlook with no specific price call for feed inputs.
asia.nikkei.comRURIKA IMAHASHI, Nikkei staff writerJan 8, 2023After 4,478 past macro events, US Dollar (Broad) moved a median +0.0% over 5 sessions (51% higher; middle half -0.4% to +0.5%), and +0.1% over 20.
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.
