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The won lost 7.1% against the dollar in the first 28 days of September, underperforming most peers, and is down 17.4% year to date. Exports fell 8.7% in the first 20 days of September, fueling doubts about Korea's economic fundamentals.
Weak exports and a falling won point to softer Korean industrial demand and higher import costs for feed, a mild bearish signal for dollar-priced feed inputs.
kedglobal.comMi-Hyun JoSep 29, 2022Not enough comparable past events yet for a historical read.
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.
