To tender in Saudi Arabia the price of barley fell by 20 dollars

2019-05-07 12:03:35
Machine translation
To tender in Saudi Arabia the price of barley fell by 20 dollars

Last week, the state Agency SAGO Saudi Arabia purchased at the tender 840 thousand tonnes of barley origin of the EU and the black sea countries at an average price of 193 $/t CIF, which is 18 $/t lower than at the auction of March, and at 35 $/t lower than a year ago. Canadian barley production is not bought through political differences.

 

in General, purchased the next batch of barley:

180 thousand tonnes from Louis Dreyfus at a price 193,10-195,80 $/t with delivery in ports of the red sea and the Persian Gulf, from 15 July to 15 August

60 kt in the company Cofco Resources at a price 192,83 $/t delivery 1-15 August.

  • 600 thousand tonnes from Glencore at a price 189,14-192,69 $/t with delivery in ports of the red sea from 1 July to 15 August and the price 198,19-198,63 $/t delivery ports in the Persian Gulf 1-15 July,

 

In March, SAGO acquired 730 thousand tons of feed barley at a price 211,86 $/t C&F for delivery in may-June made in Australia, the EU and the black sea region, South and North America, including Canada.

 

a New tender will set the reference prices for barley of the new harvest, which for 6 months is gradually reduced.

 

In Ukraine, purchasing prices for barley of the new harvest dropped to 155-158 $/t CPT-port, compared to 180 $/t at the beginning of the season last year.

 

Despite the high procurement prices for barley last season, the sowing areas under winter and spring crops of barley in Ukraine in the new season almost has not changed, so the crop is estimated at 8 million MT while exports of 4 million tons.

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