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Wonder why China is buying all these beans?
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sand85
Posted 9/15/2020 16:18 (#8497357 - in reply to #8497240)
Subject: RE: Wonder why China is buying all these beans?


C IL

I saw an email from an adviser a couple weeks ago based on Rabo economic research.

Domestic supply issues
Value-priced world commodities
Trade deal commitments
China is trying to build up a domestic supply of essential commodities in an unfriendly world.  

Report said this was short-term bullish but long-term gave China some market leverage with their on-off command economy switch.

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