Russia increased wheat bran exports by 6%

06.07.2018

In July-April 2017/18, Russia stepped up wheat bran exports to 805.7 KMT that is 5.8% more than a year ago, reports UkrAgroConsult.

In April 2017/18, wheat bran exports from Russia were up 58% on the month at 102.4 KMT. At the same time, this is down 17% from April 2016/17.

Traditionally, the top importer of wheat bran is Turkey, which absorbs 91% of total Russian exports of the product. In the period under review, exports to this country were up 3% on the year at 730.9 KMT.

At the same time, Mongolia already purchased 280% more wheat bran from Russia than in the whole of MY 2016/17. Egypt stepped up imports too: it purchased 6.1 KMT in July-April 2017/18, or already 12% more than in the whole of MY 2016/17.

At the same time, shipments to Vietnam in July-April 2017/18 were down 34% year-over-year at 19.3 KMT. A similar movement is seen in exports to China: down 9% year-over-year at 6.5 KMT in the reporting period.

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

 

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