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Quijano told a Panamanian business chamber that a US-China trade war could affect cargo movements and revenues at the Panama Canal. The United States accounts for 68.3% of canal freight traffic and China for 18.3%.
The canal projects strong growth for 2019.
The story is about canal revenue risk rather than a commodity supply change. It has little direct effect on feed prices unless tariffs escalate and reduce bulk trade.
newsroompanama.comSep 13, 2018Not 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.
