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China's customs reportedly halted Australian coal imports at a northern port, a move China's Foreign Ministry defended as normal practice to protect importers and the environment. The ministry also rejected claims linked to a cyber attack on Australia's Parliament as baseless.
A targeted Chinese import halt on Australian coal signals that trade frictions could extend to other Australian commodities, adding risk premium to Australian export flows and the Aussie dollar.
abc.net.auErin Handley, Xiaoning MoFeb 21, 2019Not 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.
