Russia soybean exports to China hit a high

07.12.2017

Soybean exports from Russia totaled 52.1 KMT in October 2017/18 against 30.4 KMT in the previous month and 15.3 KMT in October 2016.

Overall, soybean shipments reached a record 82.5 KMT in the first two months of the new 2017/18 season (September-October), or five times as much as at the same time last season (15.3 KMT), reports UkrAgroConsult.

In the Russian soybean market, the new 2017/18 season started with active bean deliveries to last season’s key importers. Exports to China rose to a record 74.7 KMT against 15 KMT a year ago (91% of total exports).

 

UkrAgroConsult

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