Ukraine. September soybean exports hit a decade low
Ukrainian soybean exports in September 2020/21 totaled 10.5 KMT (the least in ten years and down 82% y-o-y due to a late harvest and weak foreign demand), UkrAgroConsult reports.
The drop in exports concerned all major destinations: Turkey, the EU, Belarus, with no cargo shipped to Egypt.
Countries such as Hungary, Switzerland, Canada, Bulgaria were more active buyers from the very first month this season, but exports to these markets are insignificant.
A significant rise in exports was registered to China (+220%).
A fall in exports was observed to Poland (-90%), Belarus (-88%) and Turkey (-6%).
More detailed information on the latest trends in oilseeds/vegoils and meals 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 Vegoils” in the new innovative tool for agri market participants – AgriSupp by UkrAgroConsult. Subscribe to a 7-day free trial!
Start using analytical data and increase your efficiency now!
Register to get your demo access: http://agrisupp.com/en/register/1
Read also
Spring planting in Russia starts at worst pace in many years
Soybean prices in Ukraine continue to rise, but export demand is declining
US pressures Lithuania to resume transit of Belarusian fertilizers
Turkey to increase imports of Kazakh grain
Poland assessed how increased rapeseed processing in Ukraine will affect its market
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon