World: EU barley prices less competitive than Black Sea prices
Feed barley trade is almost exclusively done from the Black Sea, prices FOB small ports are US$115.00 / 118.00, FOB large ports US$120.00 / 122.00, reports stated August 01. For comparison EU barley is not at all competitive at levels between US$135.00 and 140.00 FOB seaports. Quotes for Saudi-Arabia, the world’s largest buyer of feed barley, are around US$145.00 CIF. China is the largest importer of malting barley, quotes of Canadian and Australian barley are US$195.00 to 205.00 CIF, a reaction to poor new crop prospects.
E-malt.com, the global information source for the brewing and malting industry professionals. The bi-weekly E-malt.com Newsletters feature latest industry news, statistics in graphs and tables, world barley and malt prices, and other relevant information. Click here to get full access to E-malt.com. If you are a Castle Malting client, you can get free access to E-malt.com website and publications. Contact us for more information at marketing@castlemalting.com .