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Soy beans began to fall in price on the news about a trade war between China and the U.S.
Prices for soy beans and other agricultural products fell on Friday after China's decision to impose additional duties on supply in China American goods worth $75 billion a year.
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Previously, Beijing had announcedthat he was forced to take these measures in response to the protectionist actions of the United States. It was reported that we are talking about the introduction from 1 September additional 5% tax on the supply of soya beans from the US and 10% - of pork. In the list of goods, which will affect the new duties also included oil, corn, and cotton.

The November futures for soy beans, on the site Chicago Board of trade (CBOT) fell by 1.3%. The price of cotton, pork and corn also fell.

Previously China has already introduced a 25% export duty for soya beans imported from the USA, significantly reducing purchases this celgosivir.

The fall of prices increased after the U.S. President Donald trump on Twitter promised the rest of the day to announce the response to the actions of China.

Calculated by Agency Bloomberg, the price index for raw materials decreased in the course of trade by 0.8%.

Gold rose to its highest level in six years on Friday amid increased demand for the most secure assets. The price of the metal jumped 1.8 percent to $1535 per ounce. With the beginning of the year the price of gold increased by 20%.

 

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Translated by service "Yandex.Translation"
Источники: Зерно Он-Лайн
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