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South Korean shares recovered lost ground, led by LG Energy Solution and Samsung Biologics, though gains were capped ahead of US inflation data. The won strengthened to 1,197.5 per dollar, 0.27% above its previous close.
A firmer won slightly lowers the local-currency cost of dollar-priced feed imports, but the equity moves themselves have no direct effect on feed supply or demand.
reuters.comFeb 8, 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.
