In Victoria and South Australia, ongoing dry conditions are impacting crop areas, & frost has become a new concern. Meanwhile, harvesting in Central Queensland is expected to begin in late September, followed by Southern Queensland in early October.

SEA miller showing firm interest in Australian wheat for both prompt shipment & for forward purchase. We hearing ASW trading at U$280/MT to CFR SEA major ports – prompt shipments & APW1 (24/25) indicate at U$295/MT to CFR Bangkok (N/D) in containers. 

Exports of sorghum up by 72% in Jul,24 compared to Jun,24, with China being main importer as per ABS. This week in China, post Mid-Autumn Festival, trade demand for Australian red sorghum is seeing a slowdown. Trade offers at high U$295/MT to CFR Tianjin, while buyers are bidding at U$285/MT for (S/O) in containers.

Exports of feed barley & malt barley fell by 77% & 18%, with China being major importer in Jul,24 compared to Jun,24 as per ABS. Hearing AU barley bulk offers at U$260/MT levels & Malt barley at U$270/MT (N/D) to CFR China main ports. Russian barley offers at U$230/MT levels (O/N) in containers.

In India, the demand for Australia desi chickpeas has declined since last week & domestic market stands at INR 79 as festive seasons approaches. Offers for Australian CHK1 (24/25) at U$845-50/MT (O/N) to CFR Mundra/NS in containers & business reported at U$785/MT (D/J) to CFR Mundra. Demand for Australian red lentils are stable, with trade offers at U$720/MT (N/D) in containers & in bulk vessel offers at U$670/MT to CFR Kolkata.

In Pakistan, demand for Australian desi chickpeas has slowed down following a surge in purchases from Tanzania and Russia last week. Current offers for Australia’s CHK1 (24/25) at U$800/MT – (N/D) CFR Karachi in containers, with bulk vessel trade reported at U$750/MT (D/J). Meanwhile, the demand for Australian red lentils is currently low, with trade offers for NIP1/HAL1 at high U$710/MT (D/J) to CFR Karachi in containers with no buying interest.

In Bangladesh, buyers are currently not showing interest in Australian desi chickpeas. Trade offers for CHK1 (24/25) at high U$800/MT (N/D) to CFR Chittagong in containers.

In Egypt, Australian sellers are offering new crop faba beans at U$465/MT (O/N) to CFR Damietta in containers, while buyers are bidding at U$440/MT.

Disclaimer: Prices mentioned are for indication purpose only

DM us for price indication & firm offers for Australian Grains, Pulses & Oilseeds

Regards