China demand makes Ukraine barley more expensive than top milling wheat

KYIV, March 12 (Reuters) – Prices for Ukrainian-origin barley from this year’s harvest have exceeded those of high quality milling wheat due to strong demand from China, analysts at APK-Inform said on Friday.Forward contract prices for 2021 harvest barley stood at $220-$230 a tonne CPT (carriage paid to) Black Sea June-July delivery, while high quality milling wheat was priced at between $218-$227 a tonne with the same delivery date, the consultancy said.

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