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The impact of trade policy on soybean futures in China

Author

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  • Zhuo Chen
  • Bo Yan

Abstract

The impact of trade policy on foreign trade is becoming increasingly prominent. This paper chooses the Chinese soybean futures market to study the impact of Sino–US trade friction. The results show that the asymmetric effect and volatility of the Chinese soybean futures market become larger after the beginning of Sino–US trade friction. In addition, the relationship among Chinese soybean futures, Chinese soybean meal futures, and Chinese soybean oil futures is strengthened. However, the relationship between Chinese soybean meal futures and American soybean meal futures and between Chinese soybean oil futures and American soybean oil futures has weakened since Sino–US trade friction started.

Suggested Citation

  • Zhuo Chen & Bo Yan, 2022. "The impact of trade policy on soybean futures in China," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 43(4), pages 1152-1163, June.
    • Handle: RePEc:wly:mgtdec:v:43:y:2022:i:4:p:1152-1163
    DOI: 10.1002/mde.3446
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