Nigeria is on the list of regular buyers of Ukrainian corn starch

Published 2021년 10월 11일

Tridge summary

Ukraine's corn starch exports in August saw a significant decrease of 42% compared to July and an 8% decrease compared to the same period in the previous marketing year, totaling 3.7 thousand tons. The season's overall exports stood at 77.9 thousand tons, marking a 14% decrease from the previous year. The main buyer, Indonesia, reduced its purchases by 34%. Other countries such as the UAE, Malaysia, and Taiwan also decreased their imports. Nigeria emerged as a new significant buyer, ranking fourth among the top importers of Ukrainian starch in the 2020/21 marketing year.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In August, 3.7 thousand tons of corn starch were exported from Ukraine (-42% from July, -8% from August 2019/20 MY). For the whole season, exports amounted to 77.9 thousand tons (14% less than in 2019/20 MY). "Indonesia - the main buyer of starch from Ukraine - has reduced purchases by 34% compared to last season. In addition to Indonesia, exports also decreased compared to 2019/20 MY: UAE (-69%), Malaysia (-17%), Taiwan (-61%) ", - said in a statement. It is noted that the growth of procurement compared to last ...

Source: Agroconf