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Chinese buyers have returned to purchase French barley this month, according to traders. France is one of the few European barley origins approved by Beijing, and it has attracted extra demand amid a trade dispute between China and Australia.
Redirected Chinese demand supports French barley prices and shifts export flows away from Australian barley, which is a bullish signal for European feed barley.
reuters.comGus TrompizJan 23, 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.
