Kazakhstan. Opening a logistics corridor for grain supplies to Southeast Asia through China

15.02.2017

On February 5, a railroad train loaded with 720 MT of wheat from Kazakhstan arrived to the Chinese-Kazakh logistics cooperation base in the port of Lianyungang, the province of Jiangsu (East China). Then, after transloading, the wheat will be shipped to Vietnam by sea.

Thus, wheat of Kazakh production will for the first time come to the market of Southeast Asia through China, reports UkrAgroConsult.

According to estimates, wheat delivery from Australia to Southeast Asia takes 30 days against about 20 days for Kazakh wheat transit through China. At the same time, Kazakh wheat is $45/MT cheaper than Australian wheat of the same quality. Transit shipping through China will contribute to making Kazakh wheat much more competitive.

Kazakhstan intends to export about 500 KMT of wheat to Southeast Asia through China in 2017.

Further development of the Black Sea region logistics 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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