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China has bought around 600,000 metric tons of Australian barley since Beijing lifted punishing anti-dumping duties earlier in August, according to traders. The purchases point to strong pent-up Chinese demand for Australian barley, its former top supplier.
Renewed Chinese demand for Australian barley tightens export supplies and supports Australian feed barley prices, which had traded at a discount to other origins under the duties.
reuters.comMichael HoganAug 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.
