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Ukraine. MY 2019/20 is a successful season for corn starch exporters

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Author:

Consulting Agency UkrAgroConsult

UkrAgroConsult

40.6 KMT of corn starch had been exported from Ukraine since the beginning of MY 2019/20 that is more than twice as much as a year earlier and the all-time high for this period of season, UkrAgroConsult reports.

Corn starch production also rose, to 50 KMT in September-December that is up 67% year-on-year.

All the major importers increased purchases: Indonesia (+50%), Malaysia (+78%), the UAE (+86%), the EU (+124%), Taiwan (+129%).

A substantial gain is observed in demand from Saudi Arabia and China. These two countries purchased minor volumes from Ukraine last year, but this season they are among the top ten importers of Ukrainian corn 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. We offer 7-days trial! Completely free!

 

UkrAgroConsult

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