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| I believe based on some comments on here a while back that China is a cash trader. So they are signing a cash tender and not trading futures. If whoever is selling them these grains has hedges against the Chinese sale, they're going to lift those hedges. I'm not sure why they shouldn't be able to do that if that's how it goes on.
FWIW your elevator's contracts have a cancellation provision for a lot of different reasons that you could probably cancel for a minor fee and get a better price later. Another tool in the tool box, but China is the expertise with that tool it seems....... | |
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Did Trump get Trumped by the Chinks?
