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China began levying anti-dumping and anti-subsidy duties on US DDGS, with combined rates raised to 42.2% to 53.7%, up from the 33.8% deposit set in September. The duties follow a probe prompted by complaints from Chinese suppliers in November 2015.
Duties of this size make US DDGS largely uncompetitive in China, cutting a major export outlet and pushing DDGS prices lower in the US.
chinaeconomicreview.comJan 12, 2017Not enough comparable past events yet for a historical read.
After 683 past bearish trade events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and +0.3% 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.
