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China is increasing its imports of Australian oats despite ongoing trade tensions between China and Australia. The shipments add demand for Australian oat supplies.
Stronger Chinese demand for Australian oats helps absorb exportable supply and supports oat prices already near record levels.
countryman.com.auCally DupeDec 22, 2021After 40 past bullish trade events, Oats moved a median -0.6% over 5 sessions (40% higher; middle half -2.8% to +1.7%), and -3.2% 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.
