Loading…
Indonesia is rationing purchases of staple foods to contain panic buying as coronavirus cases rise. Authorities also said supplies disrupted by Chinese imports and a late sugarcane harvest were being replaced through imports.
Government rationing and import substitution point to tight staple supplies in Indonesia, a modest support for food commodity demand.
nypost.comAssociated PressMar 18, 2020After 206 past neutral policy events, Soybean Meal moved a median -0.4% over 5 sessions (44% higher; middle half -2.3% to +1.8%), and -0.7% 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.
