Kazakh wheat takes the market of China

12.09.2016

According to Kazakh Agrarian Ministry, over the last season Kazakh wheat exports to China were four times as higher than in 2014/15.

Thus, in 2014/15 MY 110 KMT was exported and in 2015/16 the voumes reached 414 KMT, informs UkrAgroConsult. This became possible due to the possibility to transport grain in sacks as well as in bulk according to the agreement signed between representatives of both countries in December 2016.

Currently there are negotiations with National comission on reforms and development of People's Republic of China, so as to grant Kazakh companies with milling wheat export quotas in the volume of 500 KMT with possibility to further increase in the next 3 years to 1 MMT. Also export quota for 300 KMT of feed wheat is being negotiated with the further increase next year to 2.5 MMT.

 

UkrAgroConsult

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