China keeps investing in processing of Kazakh agricultural raw materials

16.08.2018

Under a joint project between Kazakhstan’s BioGrain and China’s China Marine Bunker, it is planned to begin the construction of an agricultural hub for deep processing of cereals and oilseeds in Kostanay region of Kazakhstan in April-May 2019, reports UkrAgroConsult.

The estimated cost of the investment project is USD 300 Ml. It is planned to purchase raw materials from local growers: 600 KMT of 3rd class grain, 750 KMT of 4th and 5th class grain, and 120 KMT of oilseeds. It is also projected to build an elevator with a grain storage capacity of up to 600 KMT and a flour-milling facility with a capacity of 600 KMT. 

All the finished products will be exported to China.

Detailed analysis of the latest trends in oilseeds/vegoils/meals exports, palm oil imports, supply and demand balances with breakdown by crop as well as crop conditions and progress in planting/harvesting in the countries of Black Sea Region is available to subscribers for weekly market report "Black Sea Vegoils" by UkrAgroConsult.

Further prospects of the Black Sea oilseeds/vegoils market will be discussed at the VI International Conference “Black Sea Oil Trade”, which will take place on September 20, 2018 in Hilton hotel, Kiev, Ukraine. More than 100 delegates from 20 countries have already registered for participation in the International Conference «Black Sea Oil Trade».

 

UkrAgroConsult

Readers choice: TOP-5 articles of the month by UkrAgroConsult