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Canada's share of Chinese wheat imports rose above 60 percent in 2018/19, up from 32 percent the year before, according to a USDA attaché report. The gains came largely at the expense of US and Australian wheat exports to China, which fell sharply.
Canadian canola sales to China have meanwhile collapsed amid a diplomatic dispute.
Shifting Chinese wheat demand toward Canada removes supply from the US and Australian export pools, which supports world wheat prices. The trade diversion is a key driver of wheat export flows this season.
在过去 431 次看涨的贸易事件之后,小麦(SRW) 在 5 个交易日内中位数变动 +0.0%(50% 上涨;中间一半区间为 -1.3% 至 +2.1%),20 个交易日内为 +0.5%。
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。