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India has urged China to lift a ban on Indian rapeseed meal imports in place since 2011, as it seeks to boost farm exports amid US-China trade tensions. China has already removed tariffs on soybeans, soymeal and rapeseed from five Asian countries, including India, in July.
Potential Indian access to China's feed market could add rapeseed meal supply to Asia, while US tariffs continue to push Chinese buyers toward alternative meal origins.
reuters.comHallie GuSep 20, 2018Not enough comparable past events yet for a historical read.
After 224 past neutral trade events, SBM moved a median -0.2% over 5 sessions (43% higher; middle half -1.7% to +1.2%), and -0.2% over 20.
After 250 past neutral trade events, SOY moved a median +0.0% over 5 sessions (50% higher; middle half -1.4% to +1.6%), 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.
