# Saudi demand leaves 2-mo of Australian barley exports left: analyst - Fastmarkets

> Australia is expected to exhaust its exportable barley surplus within two months, after about 90% has already been sold. Saudi Arabia replaced China as the main buyer following China's punitive import duty, taking 2.1 million tonnes in the first four months of the marketing year. That volume was almost double the five-year average for the period.

- Date: 2021-05-21 · published 2021-05-21T12:00:00.000Z
- Category: trade · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/47059-saudi-demand-leaves-2-mo-of-australian-barley-exports-left-analyst-fastmarkets
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Rapid depletion of Australian barley export supplies tightens the global feed barley market and supports prices. Buyers may need to source from other origins once Australian supplies run out.

## Read by commodity

- BARLEY: bullish ▲

## Sources

- fastmarkets.com: https://www.fastmarkets.com/insights/saudi-demand-leaves-2-mo-of-australian-barley-exports-left-analyst/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.