Russian importers have increased purchases of butter through the Belarusian exchange several times

Published 2024년 11월 15일

Tridge summary

From January to October 2024, Russian importing companies purchased over 50,000 tons of butter from the Belarusian Universal Commodity Exchange (BUCE), making it the largest transaction for agricultural products on the exchange. The total amount of exchange contracts for Russia, Kazakhstan, and the UAE exceeded $682 million, with Russia's share being about 90%. The demand was high for various products like dry skim milk, cheeses, cottage cheese, beef, wheat gluten, and amino acids, with butter being the most popular in Russia. Transactions were concluded by companies from 30 entities in Russia.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In January-October 2024, Russian importing companies purchased over 50 thousand tons of butter on the platform of the Belarusian Universal Commodity Exchange (BUCE), said German Puzyrny, Deputy Head of the Department of Foreign Economic Activity of BUCE. "Based on the results of ten months, the largest volume of transactions for the purchase of agricultural products on the Belarusian Universal Commodity Exchange was made by companies from Russia, Kazakhstan and the UAE. The total amount of exchange contracts for the three countries exceeded $682 million, with Russia's share being about 90%," said Puzyrny, quoted by the BUCE press service. "If we talk directly about Russia, then in terms of regions, the top five largest importers of Belarusian agricultural products include Moscow, Leningrad, Smolensk and Yaroslavl regions, as well as the Republic of Tatarstan. In general, exchange transactions for the purchase of agricultural products were concluded by companies from 30 entities of ...
Source: Milknews

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