Nigeria joined the list of regular buyers of Ukrainian corn starch
3.7 KMT of Ukrainian corn starch was exported in August (-42% from July, -8% from August 2019/20). Exports for the entire season totaled 77.9 KMT (down 14% from MY 2019/20).
Indonesia – the top buyer of starch from Ukraine – slashed purchases by 34% from last season, UkrAgroConsult reports.
Apart from Indonesia, the following countries also reduced imports compared to MY 2019/20: the UAE (-69%), Malaysia (-17%), Taiwan (-61%).
Shipments to the following markets grew from a year earlier: the EU (+11%), China (+90%), Thailand (+44%).
Nigeria – a newcomer of the season – ended MY 2020/21 as the fourth biggest importer of Ukrainian starch.
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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Tags: Ukrainian corn starch, Nigeria
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