China reduced Ukrainian flour purchases substantially

29.10.2018

A slowdown in Ukrainian flour exports is observed in MY 2018/19. Ukraine exported 15.3 KMT of flour in September 2018/19, or 65.4% less than in September 2017/18, reports UkrAgroConsult.

Some 46 KMT of flour was shipped from Ukraine to foreign markets in Q1 2018/19 (July-September), or almost 61% less than in the same period last year (117.4 KMT). In addition, this is the smallest volume since MY 2013/14.

At the same time, flour production in Ukraine continues decreasing. So, it totaled just 1.2 MMT in January-September 2018 that is 12.8% less than in the same period last year.

In Q1 2018/19, the biggest buyers included Moldova, China, Palestine, Israel, and Singapore. Their combined share in Ukrainian flour exports exceeded 79%. Out of the above markets, only China reduced flour purchases substantially, to 9.2 KMT (down 74%). 

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

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