Japan resumed importing corn from Ukraine

08.02.2017

According to official information, Ukraine exported 2647.4 KMT of corn in December 2016, or 11.5% more than in December 2015 (2375.1 KMT), reports UkrAgroConsult.

Ukrainian corn exports in the four months of 2016/17 were up 10% year-on-year. Ukraine supplied 6291 KMT of corn to foreign markets in September-October against 5719 KMT at the same time in MY 2015/16).

An important feature of the current season is resumed shipments of Ukrainian corn to Japan’s market. So, a 57 KMT cargo of corn was exported from Ukraine to Japan in November 2016 and another 101 KMT went there in December. Last time, Ukrainian corn was exported to Japan in the season 2014/15 (427 KMT).

In addition, new important markets opened to Ukrainian corn in 2016/17, such as Vietnam and Bangladesh. These two countries have already imported 57 KMT and 53 KMT, respectively.

Further prospects of the Black Sea grain market in the upcoming 2017/18 season will be discussed at the XIV International Conference “Black Sea Grain: Wind of Change”, which will take place on April 5-6, 2017 in InterContinental hotel, Kiev, Ukraine.

Black Sea Grain conference is large international platform, offering high quality market analysis and networking opportunities for the global leaders of grain and oilseed industry. The event is annually attended by over 800 agribusiness representatives from more than 400 companies and 50 countries worldwide.

 

UkrAgroConsult

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