
Exporters in Russia are rushing to ship before a new export tariff of EUR 25/mt on wheat takes effect on February 15, rising to EUR 50/mt on March 1. About 70 ships are waiting to load in the Sea of Azov, and Euronext launched cash-settled Ukraine Black Sea wheat futures.
China has also stepped up corn purchases.
The pre-tariff export rush front-loads Russian wheat supply, likely pressuring near-term Black Sea wheat prices, while the tariff step-up can later lift export costs. Chinese corn buying supports corn demand.
在过去 137 次中性的政策事件之后,小麦(SRW) 在 5 个交易日内中位数变动 -0.4%(43% 上涨;中间一半区间为 -1.9% 至 +1.2%),20 个交易日内为 +0.3%。
在过去 318 次看涨的政策事件之后,玉米 在 5 个交易日内中位数变动 -0.1%(48% 上涨;中间一半区间为 -1.4% 至 +1.5%),20 个交易日内为 -0.2%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件;仅描述已发生的情况,不代表未来走势。不构成投资建议。