30 April, 2024

Ukraine: Ukraine barley exports seen high in May, producers’ union says

Ukraine has exported around 200,000 metric tonnes of barley in April and already contracted 180,000 tonnes for exports in May, agricultural producers' union said on April 30.

"We are actively selling old crop," the Agrarian Council, Ukraine's largest agribusiness group, said in a statement.

"We have already contracted 180,000 tonnes for May, of which at least one ship will be sent to China," it said.

Ukraine is a traditional barley grower and has exported about 2.2 million tonnes of the commodity so far in the 2023/24 July-June season.

The council said high export demand may push notional prices up by $2-$3 per tonne in the near future and the prices may reach $157-158 CPT (carriage paid to) in a week.

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