Soybean Rally Halts Amid Delay in Signing of Phase one Trade Deal

  • Nov 09, 2019 AEDT
  • Team Kalkine

Soybean futures took a hit on 8 November 2019 in the international market amid the news of a delay in signing of the phase one trade deal between China and the United States till December 2019.

  • The futures rallied from the level of USD 851.12 (Day’s low on 9 September 2019) to the level of USD 938.38 (Day’s high on 8 November 2019), which underpinned a price increase of over 10.25 per cent post the announcement of the phase one trade deal.
  • In phase one deal, China promised to buy agriculture products from the United States, which support the Agri-commodities.

 

All pictures are copyright to their respective owner(s).Kalkinemedia.com does not claim ownership of any of the pictures displayed on this website unless stated otherwise. Some of the images used on this website are taken from the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image.

 

There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.

Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.

As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.

CLICK HERE FOR YOUR FREE REPORT!
   
x
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK