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Ukrainian barley demand has fallen as major importers, including Saudi Arabia, Algeria, Jordan, Israel and the EU, bought less. Ukraine's barley exports for the season total 4.12 million tonnes, down 5% year on year.
Spot barley prices are unchanged at $220-225 per tonne because of weak demand, while corn and wheat prices rose.
Weaker import demand from key Middle East and North African buyers pressures Black Sea barley prices. Ukraine's larger new-crop outlook adds to the bearish pressure.
graintrade.com.uaApr 30, 2021Not 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.
