Kazakhstan launches grain trade on Chinese digital platform

Source:  APK News
цифра

Kazakhstan has completed its first transaction on a joint Kazakhstan–China digital grain trading platform, marking a significant step toward expanding online agricultural exports. The pilot phase of the Kazakhstan segment, integrated into China’s existing grain trading system, has already registered its first deal involving flaxseed shipments.

SN Trade Company agreed to supply a trial shipment of 200 tonnes of oilseed flax to China’s Yihai (Changji) Oils & Grains Industries. The platform’s launch follows negotiations between China and Kazakhstan’s grain operator Prodkorporatsiya Kazakhstan, which have been ongoing since 2025.

According to officials in Beijing, the pilot transaction will help test the system’s functionality and identify technical issues before full-scale deployment. In its initial stage, the platform focuses on grains and oilseeds, including sunflower, rapeseed, flax, and soybeans, with the potential for future expansion depending on market demand.

The platform supports multiple trading formats, including open auctions, negotiated deals, and fixed-price contracts. A guarantee deposit system is used to ensure contract performance, while settlements are conducted through the platform to improve transparency and transaction security.

The Chinese grain trading platform connects around 50,000 agricultural enterprises and has been operating for more than two decades. Kazakhstan’s integration into the system opens new opportunities for expanding agricultural exports and advancing digital trade infrastructure, aligning with the country’s broader digitalization strategy for the agricultural sector.

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