Ukrainian corn could benefit from China-US trade war but only if longer term

August 2, 2018 |

In the Ukraine, Platts speculates that the country could benefit from China’s ongoing trade war with the US where American corn exports face an additional retaliatory tariff of 25% but only if the tariffs are longer term because short term China’s corn stocks are full. On the other hand, with US corn no longer going to China where once it might have supplemented corn stocks going towards ethanol production, global corn prices could drop to the point where other countries like Egypt start to import.

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Category: Fuels

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