In April, China resumed active purchases of wheat from Kazakhstan

UkrAgroConsult

538 KMT of Kazakhstan wheat was exported in April (+16% from March, +77% from April 2019/20). This season’s exports totaled 3.98 MMT (+23% y-o-y), UkrAgroConsult reports.

Iran continues to actively buy Kazakhstani wheat: almost 136 KMT was shipped to the country during the five months, or 59 times more than in the same period last year.

In addition, April witnessed a surge in purchases by China, which bought 48 KMT vs. 3 KMT the month before.

The biggest buyers also increased imports compared to the same time last season: Uzbekistan, Afghanistan, Tajikistan. The exception is the EU, which slashed wheat imports from Kazakhstan by 50% y-o-y.

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 Online Analytics “Black Sea Grain” in the new innovative tool for agri market participants – AgriSupp by UkrAgroConsult. Subscribe to a 7-day free trial!

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UkrAgroConsult

Tags: China, Kazakhstan, wheat, purchase