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India is seeking greater agricultural exports to China as Beijing diversifies its food imports during the trade war with the US. Indian officials reported progress on soybean meal and other products in talks with Chinese counterparts.
If Indian soybean meal gains access to China, it could partly replace US supply, but the volumes so far are small and the effect on prices is limited.
thehindu.comAtul AnejaNov 18, 2018After 224 past neutral trade events, Soybean Meal moved a median -0.2% over 5 sessions (43% higher; middle half -1.7% to +1.2%), and -0.2% 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.
