Russia boosted rice exports


Russia has doubled rice exports since the beginning of 2016/17. So, 57 KMT was exported from Russia in the first four months of the season compared to 28 KMT in July-October 2015/16, reports UkrAgroConsult.

As before, the key destination market is Turkey with an export share of 38%. It is worth noting that the European Union stepped up imports of Russian rice. In the period under review, the EU imported 8.3 KMT compared to 9.9 KMT for the full season of 2015/16.

In addition, Libya renewed rice imports from Russia and bought 6 KMT there in the reviewed period. Last time Libya imported rice from Russia back three years ago (5.5 KMT in December 2013).

Ukraine has imported 2.4 KMT of Russian rice this season (5.5 KMT in MY 2015/16).



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