English French Dutch Spanish German Russian Italian Portuguese Portuguese Danish Greek Ukrainean Chinese Polish Korean
Logo Slogan_Spanish


CASTLE MALTING NEWS en colaboración con www.e-malt.com Spanish
21 May, 2020



Barley news World: Chinese import tariff on Australian barley to benefit Canada, France

A prohibitive Chinese import tariff on Australian barley will benefit other suppliers without changing the bleak global outlook caused by large stocks and depressed beer demand, analysts and traders say.

Officials in Beijing said on May 18 they would apply an 80.5 per cent tariff on Australian barley imports for the next five years, a move expected to all but halt flows from its main supplier.

"This should benefit Canada and France that have plenty of stock this year," Helene Duflot of French consultancy Strategie Grains said. "China won't have any problems finding supply."

Australia has shipped about 2 million tonnes of barley in the current season to China, about half of its expected barley exports.

Several cargoes of French feed barley have been sold this month for export to China, partly in anticipation of the tariff decision, traders said.

Canada and France could expect extra demand for their malting barley in particular as China has fewer alternatives to Australia in that segment, whereas feed barley faces competition from other feed grains such as corn, analysts said.

However, the fresh prospects for exporters are limited.

China had already shifted towards Canadian, French and Ukrainian origins during an 18-month-long probe into Australian barley, and further widened its options by approving Russian and more recently US barley for import.

"I don't think it's a magical shift but at least it's some additional demand," Dave Reimann, a Winnipeg-based analyst at Cargill's MarketSense division, said of Canadian prospects.

China's demand for malting barley may be less than in previous years, with Brent Atthill, managing director of RMI Analytics, a Swiss consultancy specialised in brewing ingredients, saying demand for beer in the country could fall by 15 per cent this year during the coronavirus pandemic.

Australia, meanwhile, is expected to turn to the Saudi feed barley market.





Regresar



E-malt.com, la fuente de información global para los profesionales de la industria cervecera y de malteado. Los boletines quincenales de E-malt.com incluyen las últimas noticias de la industria, estadísticas en gráficos y tablas, precios mundiales de cebada y malta, y otra información relevante. Haga clic aquí para obtener acceso completo a E-malt.com. Si usted es un cliente de Castle Malting, puede obtener acceso gratuito al sitio web y publicaciones de E-malt.com. Contáctenos para obtener más información en marketing@castlemalting.com.



















(0,2969 sec)