Production and export of deep grain processing products is growing in Russia

Published 2021년 8월 25일

Tridge summary

The first half of the year has seen a positive trend in the production of various products in the deep grain processing industry, with the exception of modified starches, as reported by the Soyuzkrakhmal Association. There has been a notable increase in the production of syrups from fructose, native starches, and dextrins. Export volumes have also risen by 12.6% to 55.8 thousand tons, predominantly consisting of wheat gluten. Oleg Radin, the association's president, emphasizes the need for greater support and higher reimbursement for logistics costs to enhance the market's future prospects. The association is also planning to analyze demand in different countries to increase supplies, particularly without counting wheat gluten, which is exported in large quantities.

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Original content

According to the Soyuzkrakhmal Association, in the first half of the year, the production of all main types of products in the deep grain processing industry, with the exception of modified starches, showed positive dynamics. Thus, the production of dextrins, native starches, and starch syrup increased slightly. At the same time, the production of syrups from fructose increased by 52% to 124.3 thousand tons compared to the same period last year. According to the union, the growth was driven by an increase in volumes at all manufacturing companies, as well as more favorable prices for sugar. If last year, in the first six months, the release of modifications amounted to 29.6 thousand tons, then in 2021 - 29.1 thousand tons. “Traditionally, corn starch remains the first in the list for modifying starches. But to a greater extent it goes to the production of modifications for industrial purposes, - the press service of "Soyuzkrakhmal" quotes the words of the president of the ...

Source: AgroInvestor