Scandinavia: Malting barley market in the region is incredibly quiet

According to the latest comments of the analysts, malting barley market in Scandinavian region is incredibly quiet – and has been for some time. “Turnover mainly consisting of coverage of contracts made earlier between trading houses and malsters. Due to the slowly sliding market traders are waiting for the delivery period to come close before booking. This also has the advantage of being able to book Freight cheaper in the spot market than on deferred, where upto 25% higer rates are indicated. Dan/Swed, 1500-3000 tons parcels fob, €/ton basis 1.½ Nov. Selling price and/or recently traded: Barke - € 131.00; Prestige/Sebastian - € 127.50; Class/Troon/Power - € 126.50; Pasadena - € 125.50.

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