Wheat futures and a wheat ETF gained on speculation that China would reopen trade with large US grain purchases, following a Chinese offer to boost US imports. Russia was also considering reducing wheat exports to stabilize its domestic market.
Possible Chinese buying of US wheat and reduced Russian export supply would shift global demand toward US origin and support wheat prices. The effect depends on whether the trade talks produce confirmed purchases.
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.
Dated Jan 22, one day after the move, it describes the same China-purchase and Russian export-curb speculation that likely drove buying around Jan 21, though the timing is slightly off.