# Australian sorghum prices rise as China slaps anti-dumping deposits on U.S. cargoes

> Australian sorghum bids rose $10 to $322 a ton after China set anti-dumping deposits of 178.6% on US sorghum imports. The deposit effectively halts US sorghum shipments to China, and Australian supply is also tighter after last year's drought.

- Date: 2018-04-18 · published 2018-04-18T12:00:00.000Z
- Category: trade · region Australia · magnitude high
- Page: https://feedsoft.ai/events/65571-australian-sorghum-prices-rise-as-china-slaps-anti-dumping-deposits-on-u-s
- Commodities: [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Halting US supply to China shifts demand to Australian sorghum, supporting Australian prices and competing exporters. The drought-reduced Australian crop limits how much of the gap can be filled.

## Read by commodity

- SORGHUM: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/article/us-australia-sorghum-china/australian-sorghum-prices-rise-as-china-slaps-anti-dumping-deposits-on-u-s-cargoes-idUSKBN1HP0Z4/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.