Kazakhstan exported 36% more flour in MY 2016/17
Kazakhstan supplied about 295 KMT to foreign markets in November 2016, or up 51% from the same time last year (195 KMT).
Kazakh exporters boosted flour deliveries by 36% to 720 KMT in Q1 2016/17 against 530 KMT in the same period in MY 2015/16, reports UkrAgroConsult.
Afghanistan continues increasing purchases of Kazakh flour. In the period under review, this importer already absorbed as much as 71% of all flour shipments from the country. This is an absolute record in the pattern of Kazakhstan’s flour exports. That substantial hike in purchases by Afghanistan results from quite rapidly growing population in the country in recent years and consequently expanding domestic consumption.
Exports of Kazakh flour to China also keep surging. China imported roughly 4.7 KMT in the reporting period against 0.9 KMT at the same time last year.
As a reminder, UkrAgroConsult forecasts Kazakhstan’s flour export potential to hit another high of 2.6-2.7 MMT in 2016/17.
- Romania. Farmers began sowing early cold-resistant crops
- Cocoa better bet than coffee, sugar, says Commerzbank
- Ukraine. January production of soybean oil reached record in the current season
- Belarus. Vegoil output shrank to 5.7 KMT in January
- Coceral lifts bar on EU wheat prospects, citing high hopes for France