China & France: Chinese importers make fresh purchases of French wheat and barley following slide in prices

Chinese importers have made fresh purchases of French wheat and barley last week following a slide in prices, with around 10 large vessels thought to have been booked, five European traders said on Friday, December 17.

The volume was on top of another round of deals about two weeks ago and reflects ongoing Chinese import requirements in feed grains for livestock.

Last week’s sales were believed to comprise four to six cargoes of 2021 crop French feed wheat along with four to five cargoes of 2022 crop feed barley. The deals were for panamax vessels, meaning the total volume could reach around 600,000 tonnes, the traders said.

21 December, 2021