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The European Commission reinstated import duties on maize, sorghum and rye, set at €5.27 per tonne, after they had been zero since March 2018. The duty is triggered automatically by a gap between the EU reference price and the US maize price at Rotterdam, which fell to €149.84 per tonne from €162.24 a year earlier.
Lower oil prices have cut US ethanol demand and freight costs, and a record global maize harvest is expected in 2020-21.
Duties on imports reduce EU demand for sorghum and maize from world suppliers, adding pressure to already weak prices. The effect is modest at €5.27 per tonne but adds to bearish global feedgrain supply.
world-grain.comHolly Demaree-Saddler2020年4月30日在过去 310 次看跌的政策事件之后，玉米 在 5 个交易日内中位数变动 +0.3%（54% 上涨；中间一半区间为 -1.4% 至 +1.9%），20 个交易日内为 +0.6%。
历史可比事件尚不足，暂无法给出历史解读。
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。
