# Barley price firms in latest Saudi tender - Grain Central

> Saudi Arabia's state buyer purchased about one million tonnes of feed barley for May-June 2018 arrival at an average of US$249.23/t cost and freight, up 2% from its previous tender. Traders said Australian barley is unlikely to participate because of tight export stocks and strong Chinese demand.

- Date: 2018-03-27 · published 2018-03-27T12:00:00.000Z
- Category: trade · region Saudi Arabia · magnitude low
- Page: https://feedsoft.ai/events/66083-barley-price-firms-in-latest-saudi-tender-grain-central
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

A firm Saudi tender price signals strong export demand that competes with China for limited old-crop supplies, supporting barley values.

## Read by commodity

- BARLEY: bullish ▲

## Sources

- graincentral.com: https://www.graincentral.com/markets/barley-price-firms-in-latest-saudi-tender/

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