Chinese importers report instructions from Beijing to cancel new Canadian canola orders and to conduct strict inspections of other agri-food products. One importer cancelled purchasing plans for Canadian wheat, peas, linseed and canola meal.
Richardson International was the first exporter blocked, on March 1, and China buys about 40 per cent of Canada's canola seed, oil and meal exports.
Cancelled orders for wheat and canola meal reduce Chinese demand for Canadian feed and grain, which is bearish for those markets and may push Canadian supplies toward other buyers at lower prices.
Setelah 375 peristiwa perdagangan bearish sebelumnya, Gandum (SRW) bergerak median -0,2% selama 5 sesi (47% lebih tinggi; separuh tengah -2,0% sampai +1,1%), dan -0,1% selama 20 sesi.
Belum cukup peristiwa historis yang sebanding untuk analisis historis.
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.