The Kazakh grain and flour market has begun to adapt to Russia

Published 2024년 11월 12일

Tridge summary

Kazakhstan's grain processors are facing challenges due to issues with grain exports and excess volume, with a representative noting that developing domestic demand is not possible due to equal access conditions for grain and flour sales. The country is currently exporting 'flour' to China, which is actually feed flour from barley, chalk, and crushed grain, and is only allowed from three regions. The representative also mentioned that his company is purchasing only Kazakh grain this marketing year and expressed the need for changing tactics due to retaliatory sanctions from Russia. Millers are urging Kazakhstan to impose exports duties on grain and leave the exit for finished products free, following the example of Russia, which is expected to reach 2 million tons in flour exports in the next 1-2 years.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Kazakhstan grain processors, noting problems with grain exports and excessively large volumes, say that it will not be possible to develop domestic demand, which everyone is now so keen on. At the moment, Kazakhstan sends some crushed mixture to China, which is documented as feed flour. Reports “upstairs” contain information about the export of flour. In fact, this is not flour. In addition, only three regions send this feed flour to China, the rest are sitting, the APK News agency reports. The whole problem, say millers, is that Kazakhstan is still selling grain and flour on equal access terms. We need to move away from such conditions. “The situation with grain and flour, as we expected, is as follows - there is grain, there is no price, there is no one to sell it to. Now we are sitting, thinking up where to sell it. We have partially lost the markets that we previously occupied. Both for flour and for grain. All this has led to the fact that there is a lot of grain, but ...
Source: Zol

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