# Australia covered for barley as Saudi leads buy-up in tight market - Grain Central

> Saudi Arabia bought 1.5 million tonnes of barley at US$261/t cost and freight, up $30/t from its previous tender. Western Australia and South Australia are seen as key suppliers because little competing export barley is available.

- Date: 2018-09-12 · published 2018-09-12T12:00:00.000Z
- Category: trade · region Saudi Arabia · magnitude medium
- Page: https://feedsoft.ai/events/62985-australia-covered-for-barley-as-saudi-leads-buy-up-in-tight-market-grain-central
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Strong import demand from Saudi Arabia and tight global barley stocks support higher export barley prices and feed grain costs for buyers.

## Read by commodity

- BARLEY: bullish ▲

## Sources

- graincentral.com: https://www.graincentral.com/markets/australia-covered-for-barley-as-saudi-leads-buy-up-in-tight-market/

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