A new outbreak of bird flu in China will increase pressure on commodity exchanges

According to the Ministry of agriculture of China, an outbreak of avian flu with the H5N1 strain on the farm in Shaoyang of Hunan province died from 4500 7850 chickens, and then had to destroy nearly 18,000 domestic birds.

the US Geological survey believes the virus is "highly pathogenic" for its ability to kill birds. While the world health organization noted its ability to be transmitted to humans, usually through dead birds, or contaminated environment, although such cases are recorded very rarely.

"the Virus strikes the person easily, and spread it from one person to another is atypical. Also confirmed the possibility of transmission of the virus through properly and carefully przygotowanin food", - reported in the The who.

Outbreak of avian influenza negatively affect the global commodity markets remain under pressure epidemic coronavirus. In China they are sick more than 17,000 people, of whom 362 died.

According to analysts Moody's Analytics, the epidemic coronavirus impact on the global economy is stronger than the financial crisis of 2008-2009. Now, due to the considerable influence of China on the global industry price index for industrial metals fell 7.1%, and 29 January, he updated at least June 2017

China is also the world's biggest consumer of food, which significantly affects the balance sheets of cereals and oilseeds. The demand for soybeans due to the reduction of the pig stock by 30-40% due to the outbreak of swine flu has led to lower prices for the oilseed in 2018/19 Mr by 25%.

In agriculture first began to fall of palm oil prices, which on 22 January lost 14%, which puts pressure on the entire oilseeds complex. Cereal prices remain stable as China imports relatively small quantities of wheat and corn. However, the decrease in trading activity puts pressure on the stock prices of cereals, which in the last week is gradually reduced.