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China has imported 314,000 tonnes of Australian barley worth A$139 million since scrapping its 80.5% tariff in August 2023. The resumption restores a market that was worth nearly A$1 billion before tariffs halted trade in 2020.
Reopened Chinese demand gives Australian barley an important outlet after years of diverted sales, supporting export prices.
abc.net.auDec 30, 2023Not 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.
