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FUAC analysts expect Ukraine's barley exports to more than halve in September from August, with contracts at 280,000 tonnes against 600,000 in August. The drop follows reduced Chinese purchases, which had made up 55-56% of Ukraine's barley exports.
Analysts expect China to shift to Australian barley for delivery in December-January.
Losing its largest buyer reduces Ukrainian export demand and pressures Black Sea barley prices. Lower export pull could weigh on feed barley values in the region.
interfax.comAug 21, 2024Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
