News

The Ukrainian barley market is currently low-liquidity

Barley
Ukraine
Published Feb 4, 2023

Tridge summary

On the Ukrainian grain market, there is extremely low liquidity in relation to barley and a slowdown in export rates. The press service of the VAR reports. "The price of barley is $195/t, the market is low liquid, there is almost no demand. The above-mentioned price is inadequate even considering domestic wheat and corn markets, where price tags are higher. The price of barley should be at least $210/t," said Oleksiy Tartakovskyi, an analyst of PUSK cooperative.

Original content

According to expectations, the barley market will be depressed in February, the volume of grain trade in the ports will decrease, which is connected with the future rescheduling of the humanitarian corridor. "At the moment, the existing demand from Romania still gives a chance to sell barley, further market subsidence can be predicted. In Ukraine, current barley stocks are about 3 million tons - these are significant volumes. In previous years, stocks of barley in the same period did not exceed 1.5 million tons. Exports are sluggish now and will be a failure in February,” the analyst added. However, the situation on the world barley market is interesting. China contracted a large batch of French grain, the volume of which is not disclosed, but according to unofficial information, it is 0.5-1 million tons. "Usually China does not contract at this time. The purchase of a large batch is connected with the war in Ukraine. China is likely to see a future shortage of barley and is ...
Source: Superagronom
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