Loading…
China is imposing tariffs on Australian barley of 73.6% for alleged dumping and 6.9% for alleged subsidies, effective from May 19, 2020. The barley trade with China was worth $1.5bn two years ago, and the Australian government strongly opposes the decision.
Blocking Australia's most lucrative barley market forces exports elsewhere and pressures Australian barley prices, while the redirected supply weighs on other origins.
abc.net.auKath SullivanJun 1, 2020Not 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.
