
Commodity markets fell on January 27-28, 2020 as coronavirus fears threatened Chinese demand for crude oil, soybeans, and other goods, with energy, base metals and grains down more than 1.5%. China extended its Lunar New Year holiday, and the Bloomberg Commodity Index slipped 1.1%, while gold rose as a safe haven.
Expected drops in Chinese consumption and construction activity lower demand expectations for soybeans, grains and crude, while safe-haven flows into gold reflect broader risk aversion.
在过去 50 次看跌的疫病事件之后,大豆 在 5 个交易日内中位数变动 +0.5%(58% 上涨;中间一半区间为 -1.7% 至 +2.4%),20 个交易日内为 +0.0%。
在过去 175 次看跌的疫病事件之后,玉米 在 5 个交易日内中位数变动 +0.0%(51% 上涨;中间一半区间为 -1.7% 至 +1.5%),20 个交易日内为 +0.6%。
在过去 14 次疫病事件之后,小麦(SRW) 在 5 个交易日内中位数变动 -0.3%(29% 上涨;中间一半区间为 -0.7% 至 +0.5%),20 个交易日内为 -0.8%。
在过去 26 次看跌的疫病事件之后,原油(Brent) 在 5 个交易日内中位数变动 -6.0%(15% 上涨;中间一半区间为 -13.3% 至 -2.0%),20 个交易日内为 -6.8%。
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。
Coronavirus-driven commodity selloff on Jan 27-28 hit grains including wheat via fears of weaker Chinese demand and risk-off sentiment, matching the timing of the 1-day drop.
Broad commodity selloff on Jan 27 with energy down over 1.5% shows the cross-asset flight from China demand risk that weighed on crude.
Broad commodity selloff on Jan 27-28 on threatened Chinese demand included crude, showing cross-market risk-off.