China sharply reduced grain imports from certain countries, including Ukraine and the EU, in March

Source:  GrainTrade
Китай

According to Chinese customs, in March China sharply reduced grain imports from countries that were its main suppliers, with supplies from Ukraine and the EU declining the most.

Thus, in March, the country reduced grain imports almost 4 times to $463.9 million, reducing corn supplies by 23 times and wheat by 10.6 times.

Compared to last year, in March, grain imports from Ukraine decreased 2,400 times from $141.3 million to $60,000, from Germany – 779 times to $44,000, from France – 204 times to $1 million, from Denmark – to $337,000, from Italy – to $48,500, from Bulgaria – from $67,000 to zero.

Grain imports from the American continent also decreased, in particular from Brazil – by 17.5 times to $20.8 million, from the USA – by 11 times to $20.3 million, and from Argentina – by 6 times to $21 million.

Grain supplies from other major suppliers have decreased by at least half, in particular from Australia – by 2.6 times, from Canada – by 2.5 times.

However, some countries were able to increase grain supplies to China, although this mainly concerns rice exports. Thus, India increased grain exports to China 284 times to $13.8 million, Vietnam – three times to $46.5 million, Thailand – 1.5 times to $26.8 million, Myanmar – by 30% to $18 million, Cambodia – by 30% to $8 million. And Uruguay increased barley exports to China 67 times to $11 million.

 

For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp.

It is a multi-functional online platform with market intelligence for grains and oilseeds that enables to get access to daily operational information on the Black Sea & Danube markets, analytical reports, historical data.

You are welcome to get a 7-day free demo access!!!

Tags: , , ,

Got additional questions?
We will be happy to assist!