NCoV-2019 Virus and commodity trade
February 06, 2020 | 0 Comments
How will the virus affect the commodity trade with China and other countries?
Preliminary analysis suggests the following effects
1. Reduced consumption and sharply reduced production in China
2. A rise in virus infections in nearby countries like Vietnam, Indonesia, Thailand does not appear likely as of today and only marginal reduction in production and consumption is seen. Travel and tourism though, is sharply down.
3. No signs of EU, India and Africa contagion, production and consumption look normal.