Tridge summary
Ukraine's corn starch exports in August saw a decrease of 42% from July and 8% from the previous 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%. However, there was an increase in procurement from the EU, China, and Thailand, with Nigeria becoming a notable new importer. Since the start of the 2021/22 marketing year (July 1), Ukraine has exported 15.565 million tons of cereals and legumes, showing an increase of 2.336 million tons from the same period last 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). This was reported by UkrAgroConsult. "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 season was demonstrated by: the EU (+ 11%), China (+ 90%), Thailand (+ 44%). "Nigeria - a newcomer to the season - in 2020/21 MR took fourth place in the list of TOP importers of Ukrainian ...
Source: Agrobusiness
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