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Poor Chinese traders
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Posted 1/13/2021 16:10 (#8748438 - in reply to #8747726)
Subject: RE: Poor Chinese traders

yes they are very good. who do you think went massively long in August? the august crop report, you can see where someone sold a chitpile, and I mean a chitpile of puts, and then bought corn and soybean futures like no tomorrow. that was china. cofco put on a massive long, made for a bullish reaction to a bearish report. they bought bunches of beans around 8.80 nov.
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