
Chinese authorities have confirmed 131 deaths and nearly 5,500 coronavirus cases, and travel restrictions and stay-at-home orders are keeping Chinese consumers from dining out. Australian exporters expect weaker beef demand in China, which took about 24% of Australian beef exports in 2019.
A sharp drop in Chinese restaurant and retail demand would reduce import demand for beef and live cattle. That would pressure export prices and cattle values in exporting countries.
Setelah 70 peristiwa penyakit bearish sebelumnya, Sapi Hidup bergerak median +0,0% selama 5 sesi (51% lebih tinggi; separuh tengah -1,7% sampai +1,0%), dan +0,4% 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.