Tender in Saudi Arabia has led to an increase in purchase prices for barley

2020-09-22 12:35:42
Machine translation
Tender in Saudi Arabia has led to an increase in purchase prices for barley

the Purchase prices for barley in Ukraine continue to rise amid the outcome of the tender in Saudi Arabia and the decrease in proposals.

 

Grain Agency of Saudi Arabia (SAGO) at the tender 18 Sep acquired 540 thousand tons of feed barley for delivery in November-December at an average price of 225,34 $/t C&F made by Australia, the EU and the black sea region, South and North (except Canada) of America, what the seller is given the option to choose the country of origin.

 

delivery to the ports of the red sea was purchased the next batch of barley:

the

60 kt in the company Holbud Limited at a price 229,40 $/t C&F (15-30 November),

60 kt in the company "TD "RIF" at the price of 220 $/t C&F (1-15 December),

60 kt in the company "Aston" at the price of 226 $/t C&F (1-15 December),

60 thousand tonnes from Lecureur of the company at a price of 224 $/t C&F (15-31 December),

60 thousand tonnes from Glencore at a price 227,79 $/t C&F (15-31 December),

60 thousand tonnes from Glencore at a price 228,79 $/t C&F (15-31 December).

  • 60 kt in the company Holbud Limited at a price 228,40 $/t C&F delivery 15-30 November,

 

delivery to the ports of the Persian Gulf was acquired party

the

60 kt in the company CBH Grain at a price 219,75 $/t C&F (15-30 November).

  • 60 kt in the company CBH Grain at a price 223,90 $/t C&F (15-30 November),

 

According to estimates by traders, a large part of the barley will be shipped from Russia and EU countries.

 

At the previous tender on July 17 SAGO acquired 725 thousand tons of feed barley for delivery in October-November at a price 211,43 $/t C&F, and a year ago – 780 thousand tons of feed barley with similar delivery times at a price 206,76 $/t C&F.

 

In Ukraine, purchasing prices for barley for the week rose by 5-10 $/MT to 183 to 191 $/t or 6300-6400 UAH/t at the port on the background of reduction of sentences and the dramatic growth of neighbouring markets of wheat and corn, where prices in recent weeks, also increased by 15-20 $/t

 

According to the revised data, Ukraine this year has harvested only 7.8 million tonnes of barley, which is far below previous forecasts, and will lead to a change in the estimates of exports. As of September 21, exported 2,646 mln t of barley, 2.8% or 71 kt higher than the corresponding figure last year.

 

barley Harvest in Russia will exceed last year's, because as of September 17, there with 92% of area harvested 21.3 million tonnes of barley, and the total harvest may exceed 22 million tons, making forecasts of exports has increased from 4.5-5 to 5-5. 5 million tons.

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