Loading…
A Saudi Arabian state tender bought 725,000 tonnes of optional-origin barley for October and first-half November arrival, with nine cargoes to Red Sea ports and three to Dammam. Glencore won six Red Sea cargoes, and COFCO took the Gulf cargoes.
Import volumes have stayed under 7 million tonnes for a third year.
Steady Saudi barley buying supports export demand, with Black Sea and EU origins holding a freight advantage into the Red Sea.
scceu.orgJul 21, 2020Not 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.
