
China said it would raise tariffs on $60 billion of US imports to as high as 25% from June 1, in response to US tariff threats on a further $325 billion of Chinese goods. State media suggested China could halt purchases of US agricultural products and energy, and the offshore yuan neared a decade low against the dollar.
A possible halt in Chinese purchases of US farm products would remove a major export outlet for soybeans and corn, and the weaker yuan further discourages imports, pointing to lower US feed grain and soybean prices.
Setelah 803 peristiwa perdagangan bearish sebelumnya, Kedelai bergerak median +0,0% selama 5 sesi (51% lebih tinggi; separuh tengah -1,7% sampai +1,7%), dan +0,9% selama 20 sesi.
Setelah 683 peristiwa perdagangan bearish sebelumnya, Jagung bergerak median -0,2% selama 5 sesi (47% lebih tinggi; separuh tengah -1,7% sampai +1,6%), dan +0,3% selama 20 sesi.
Setelah 384 peristiwa perdagangan bearish sebelumnya, Bungkil Kedelai bergerak median -0,2% selama 5 sesi (47% lebih tinggi; separuh tengah -1,7% sampai +1,6%), dan -0,5% 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.
China's tariff retaliation and state media hints at halting US agricultural and energy purchases pushed USDCNH toward decade highs on the same day, driving risk-off yuan selling.
China's tariff retaliation on $60B of US goods and hints at halting US ag purchases hit soy complex demand expectations on 2019-05-13, a direct trade-flow and sentiment driver.
China's May 13 tariff retaliation and talk of halting US farm purchases escalated the trade war, hitting soy complex sentiment and demand expectations.
China's tariff retaliation and talk of halting US farm purchases drove trade-war sentiment and soybean volatility around May 13.