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Trader Phoenix's 2020 liquidation has shifted African rice trade as former staff and contracts moved to Swiss Singapore, Olam and Ameropa. These firms are expanding their African networks to handle current food price increases.
Changes in trading-house market share affect rice import logistics in Africa but have little direct effect on global rice prices.
agriwatchgh.comJan 26, 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.
