The Traderszone Network

Published in TZ Latest News 9 August, 2016 by The TZ Newswire Staff

China Food Inflation Looms As Ag Output Set To Plunge Most In 50 Years Amid Historic ‘La Nina’

Via Investing In Chinese Stocks blog,

The 2016 La Nina is set to be bigger than 1998 and that was one of the strongest ever. It was a bad hurricane season in the Southeast United States, and the effects of La Nina lasted for more than 2 years, eventually draining natural gas inventories due to colder than normal winters, sending prices to $10 / MMBtu.

China is also concerned due to flooding and the effect on food prices.

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