# Australian barley hits 3-year low amid friction with Beijing - Nikkei Asia

> Australian barley export prices reached a three-year low in September after exports to China, its largest market, plunged. The downturn is linked to diplomatic friction between Canberra and Beijing over the origin of the coronavirus pandemic.

- Date: 2020-10-03 · published 2020-10-03T12:00:00.000Z
- Category: geopolitics · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/50705-australian-barley-hits-3-year-low-amid-friction-with-beijing-nikkei-asia
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

China's absence as a buyer of Australian barley keeps export demand weak and pressures barley prices, making barley cheaper for domestic feed use.

## Read by commodity

- BARLEY: bearish ▼

## Sources

- asia.nikkei.com: https://asia.nikkei.com/business/markets/commodities/australian-barley-hits-3-year-low-amid-friction-with-beijing

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