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.