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Vietnam's General Statistics Office reported first-half 2022 GDP growth of 6.42%, with manufacturing up 9.7%. Analysts warned that rising global commodity prices and disrupted supply chains could push up inflation in the second half.
Higher global commodity prices and weaker external demand feed into Vietnam's import costs for feed grains and protein meals, raising the cost of livestock production.
en.vietnamplus.vnVietnam+ (VietnamPlusJun 30, 2022After 151 past bullish macro events, Corn moved a median +0.2% over 5 sessions (57% higher; middle half -0.9% to +1.4%), and -0.3% over 20.
After 44 past bullish macro events, Soybean Meal moved a median -0.6% over 5 sessions (34% higher; middle half -1.9% to +0.9%), and -2.9% 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.
