China, Socionomics, Politics, technical Analysis and more...
Join Twetch for censorship resistant social media powered by Bitcoin...Take Me To The Charts
Categories
▼
2018-08-08
Trade War Fallout: Pork Rises 2.9pc in July
CPI rises 0.3 percent in July, ending four straight months of deflation.
Very interesting price increase. Are soybeans listed, or are they included under liangshi ?
ReplyDeleteIt's not broken out in the CPI report. Soymeal prices have held up in the futures market. #1 soybean in Dalian is holding up as well, but #2 soybean is down. There's also this from SCMP: Why China’s pork producers can survive without US soybean imports. That article discusses various protein replacements.
ReplyDeleteThanks!
Delete