Russia. Flour exports remains the slowest in four seasons

14.01.2019

The 2018/19 pace of Russian flour exports remains the slowest in four seasons, reports UkrAgroConsult. Russia exported 77.7 KMT of flour in July-November 2018/19, or 6.7% less than in the same period last season.

China is still the top consumer of Russian flour. However, the reporting period witnessed a 46% drop in exports to this country, to 31.7 KMT. In addition, flour deliveries to Tajikistan decreased by 30%.

Other key markets stepped up purchases of Russian flour in the period under review. Remarkably, this season’s achievement was a rise in supplies to Hong Kong, which already imported 19.5 KMT of flour in the first five months of MY 2018/19 against 4.6 KMT in the whole of MY 2016/17.

In addition, Moldova boosted imports of the Russian commodity at the time.

At the same time, flour output in Russia continues to be high. The country produced 8.45 MMT in January-November 2018 against 8.53 MMT in the same period last year. 

More detailed information on the latest trends in grain exports, supply and demand balances with breakdown by crop, price behavior, crop conditions and progress in harvesting/planting in the countries of Black Sea Region is available to subscribers for weekly market report "Black Sea Grain" by UkrAgroConsult.

If you need fast and reliable analytical tool, historical and current market data, daily updates on grain, oilseed and pulses markets, try out a new innovative tool for agri market participants – AgriSupp.com. We offer 2-week trial! Completely free!

 

UkrAgroConsult

 

 

Readers choice: TOP-5 articles of the month by UkrAgroConsult