TOEFL believes barley prices in the EU will fall
-
Last Update: 2002-06-06
-
Source: Internet
-
Author: User
Search more information of high quality chemicals, good prices and reliable suppliers, visit
www.echemi.com
Lead: Hamburg, June 5 (Reuters) - German grain trader TOEFL International said in a market report on Wednesday that the low export of barley from the European Union indicates the low price of feed barley Compound feed processors were able to keep the price of the last grain they purchased down In the past week, the EU has allocated barley from intervention stocks for export and provided export returns, which is enough to ensure that exporters can fulfill the remaining international supply contracts TOEFL international reports that the return of grain exports to the open market will not bring new business The EU has two kinds of subsidy measures for export, one is the return of open market, that is, to provide subsidies for the grain purchased from the commercial market at the time of export, the other is to sell these intervention grain stocks from the spot grain stocks of the EU at the reduced price, which are purchased from the farmers at the protection price TOEFL International said that the current EU summer barley growth regulations are very ideal Assuming that the weather continues to be normal, then the EU barley export supply in the new year can exceed 1 million tons, and the domestic price has fallen sharply, and there may be more room for decline.
This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only.
This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of
the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed
description of the concern or complaint, to
service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content
will be removed immediately.
