Saudi to buy another 1.5 million tonnes of barley
Saudi Arabia has returned to the marketplace to buy barley.
Trade sources report that the Saudi buying agency has requested offers of up to 1.5 million tonnes of barley for May/June.
This quantity is in line with recent years’ consumption and import volume for Saudi Arabia, i.e 8-8.5Mt approx per annum. It would be reasonable to anticipate that Australian feed barley will remain competitive on this occasion, as it was for the previous tender in February 2017.
The quality parameters required by the Saudi buyer are 62 kilograms/hectolitre test weight, maximum 14pc moisture, and otherwise typically within specification readily met by Australian feed barley standard.
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