Chinese buying spree pressures EU grain market

Capt. John

China’s massive appetite for grain is rippling through Europe’s markets, fuelling sharp price rallies as traders struggle to meet relentless export demand amid dwindling supplies. As local buyers like livestock feed makers vie with importers for a shrinking European cereal surplus, prices could continue rising until demand is dampened or next crops are harvested around …

The post Chinese buying spree pressures EU grain market first appeared on Hellenic Shipping News Worldwide.

Author: Capt....

https://www.hellenicshippingnews.com/chinese-buying-spree-pressures-eu-grain-market/

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