2018-11-05
 
The Saudi General Grain Foundation said on Monday it had bought 1.02 million tonnes of barley feed in a tender.
 
The average purchase price was $ 266.83 per ton, including shipping costs, and the originators were from the European Union, Australia, the Black Sea, and North and South America, except Canada.
 
All shipments from Glencore were purchased, with the exception of one 60,000 tons of Kufco Resources.
 
"It looks very cheap," said a European trader. "It's a remarkable success for Glencore."