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South Africa recorded a trade surplus of 7.18 billion rand in August, down sharply from 24.81 billion rand in July. Exports fell 1.0% month on month while imports rose 10.4%.
A narrowing trade surplus with rising imports signals strong South African import demand, but the effect on global feed prices is limited.
Not 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.