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Barley prices in Australia's major export zones rose as much as 10% after China's Ministry of Commerce removed anti-dumping and anti-subsidy tariffs on Australian barley. Feed barley cash prices at Albany and Kwinana reached A$330 per tonne on Monday, up from A$300 the prior Friday.
Removal of the 80.5% Chinese duties restores access to a premium market for Australian barley, lifting export values and supporting domestic prices.
reuters.comLewis JacksonAug 7, 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.
