Romania wants to supply wheat to Indonesia
Romanian wheat traders eye Indonesia as new export market
Romanian grain exporters are eyeing Indonesia as a promising market, thanks to a change in regulations allowing Romania’s ANSVSA to issue certificates for the export of plant products to the country. According to S&P Commodity Insights, this opens up access to one of the world’s largest wheat importers, which buys an average of 10.85 million tons annually.
Traders expressed interest in the new opportunities at the recent Eurogrand conference in Bucharest. Romanian wheat, which has a higher protein content (12-12.5%), can compete with Black Sea wheat, which contains 11.5% protein.
With Egypt shifting its focus to Bulgarian wheat, the Indonesian market is becoming a viable alternative. Current domestic stocks are limited and eyes are on the new Romanian crop, which is valued at US$240 per tonne (FOB) for delivery in July.
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!!!
Read also
Coming Up in UkrAgroConsult Reports: Key Market Signals
High fertilizer prices could reshape US planting decisions in 2027 – USDA
Food wheat may become more expensive relative to feed wheat due to a protein shortage
EU exports support Ukrainian soybean prices amid maritime logistics disruptions
Zimbabwe proposes curbing vegetable oil imports while making wheat imports cheaper
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon