Ukraine. Creative Group started soybean meal supplies to Turkey and Georgia

27.02.2015

Creative Group was the first Ukrainian exporter to have shipped soybean meal to the markets of Turkey and Georgia in January 2015. The Group shipped 3.5 KMT of this product (2 KMT and 1.5 KMT to the respective countries) and is going to increase monthly soybean product exports to 8 KMT in 2015 (5 KMT and 3 KMT, respectively).

At the initial stage, the company will export soybean meal to Turkey and Georgia on terms of FOB shipping port. Future direct deliveries on CIF terms to a destination port in the buyer’s country are planned as well. The coming of Turkey and Syria to soybean meal markets opens the global market to the Group.

So, Turkey is one of the world’s top soybean meal consumers, while Georgia has good port infrastructure – this will allow further transportation of soybean meal to Asian countries. At the moment, the company exports about 70% of its soybean meal output. Apart from the Black Sea basin, the commodity is supplied to the markets of Belarus, Moldova, India, and China.

 

 

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