China keeps investing in processing of Kazakh agricultural raw materials

23.08.2018

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.

More detailed information on the latest trends in grain exports, supply and demand balances with breakdown by crop, price behavior as well as on crop conditions and progress in harvesting in the countries of Black Sea Region is available to subscribers for weekly market report "Black Sea Grain" 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.

Examine the art of forecasting grain and oilseed prices, spreading and applying right hedging strategies for your business at the Specialized Workshop PRICE FORECASTING, SPREADING AND HEDGING STRATEGIES” within the VI International Conference ‘Black Sea Oil Trade’. Workshop will be held on September 19 in Aloft hotel (Esplanadna street 17), Kyiv, Ukraine.

The workshop will be based on the US market forecast model (corn-soybean), adapting methodology for Ukrainian market. Speakers have over 20 years of experience in grain trading, global agricultural market analysis, risk management and development of effective business strategies.

The seminar will be useful for traders, agri producers and market analysts, will feature practical tasks and cases.

 

UkrAgroConsult

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