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EC SD | Agreed! In fact, I would go farther and say that all news out of China, especially regarding commodities supply/demand, is propaganda. Just watch what they do, don't listen to what they say. It makes it difficult to forecast their future needs though, since they can play with inventory levels whenever they like, without anyone detecting it.
If their population is down, it is likely because they insisted on using a domestically-invented Covid vaccine there - not from mistakes in their prior census taking. | |
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China grain demand wanes
