
China bought 1.12 million tonnes of U.S. SRW wheat for delivery in 2023/24 between December 4 and 8. USDA raised its estimate of total 2023/24 SRW sales by about 817,000 tonnes to 4.76 million tonnes.
China is exceeding its WTO tariff-rate quota again, partly because rain damaged its 2023 crop.
Large Chinese buying lifts U.S. SRW export demand and prices, and could make 2023/24 the largest SRW export year since 2013/14. The purchases also reflect China's import needs after crop damage.
Setelah 431 peristiwa perdagangan bullish sebelumnya, Gandum (SRW) bergerak median +0,0% selama 5 sesi (50% lebih tinggi; separuh tengah -1,3% sampai +2,1%), dan +0,5% 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.