
Collapsed tourism in cities such as Bangkok and Paris is cited as a sign of falling global wheat demand during the pandemic. Wheat prices were down about 6% for the year.
The article suggests further declines are possible.
Lower food-service and tourism-linked demand reduces wheat consumption and could push prices lower. The effect is gradual and mainly weighs on sentiment.
Setelah 69 peristiwa makro bearish sebelumnya, Gandum (SRW) bergerak median -0,5% selama 5 sesi (35% lebih tinggi; separuh tengah -2,6% sampai +0,8%), dan -0,7% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.