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China has issued an additional 1.5 million tons of low-tariff tariff-rate quotas to state companies, bringing the 2020 total to about 6.3 million tons, mostly from the US and Ukraine. Beijing is close to meeting its WTO grain import obligation of 7.2 million tons under preferential rates.
Expanded low-tariff quotas make US and Ukrainian corn more competitive in China, supporting export demand. The effect is moderate given the quota remains a fraction of China's total imports.
news.bloomberglaw.comShuping Niu30 Apr 2020Setelah 729 peristiwa perdagangan bullish sebelumnya, Jagung bergerak median +0,4% selama 5 sesi (56% lebih tinggi; separuh tengah -1,1% sampai +1,8%), 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.
