Barley Prices Rise in Ukrainian Ports Due to Strong Demand

Demand Heats Up Barley Market in Great Odesa and Danube Ports

Barley prices in Ukraine’s key export hubs—Great Odesa and the Danube—have climbed by USD 0,03-0,05 per kg (or 2-3%) over the past week. As of November 20, 2024, prices now range between USD 0,18-0,19 per kg in Odessa ports and USD 0,185-0,192 per kg in Danube ports (CPT-port).

Why Are Barley Prices Increasing?

Several factors are fueling this price uptick:

1. Strong Export DemandExporters are scrambling to fulfill agreements, intensifying competition in the barley market. This rush to secure supplies has naturally driven prices higher.
2. Reduced Farmer SupplyFarmers have slowed their barley sales, which has created a noticeable shortage in available stocks.
3. Better Deals for SellersTo entice suppliers, traders are offering quality and volume premiums. These added incentives, such as better pricing and flexible conditions, are raising the overall market rate.

Will Prices Stay Elevated?

With demand continuing to outpace supply, experts believe barley prices could hold steady at these higher levels in the near term. However, traders and farmers alike should watch for any shifts in demand trends or new supply sources.

What Should You Do?

For buyers, it might be wise to secure barley supplies sooner rather than later to avoid further price hikes. Sellers, on the other hand, could consider holding off for a bit if they expect even better deals down the line.

Source : Landlord





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