The key and almost the only market for Ukrainian potato starch abroad this season was China, which imported about 95% of all Ukrainian exports and has already set a new record for imports from Ukraine. From September 2020 to January 2021 alone, more than a thousand tons of Ukrainian products were sent to China. "On the one hand, Ukraine has really managed to make a real breakthrough in the Chinese potato starch market over the past few seasons, and we can already say that China is becoming the main export destination for the Ukrainian industry. But in fact, behind the scenes of Ukrainian starch exports to China is a hidden problem - Ukrainian producers are simply thrown out of their own market by dumped imports from the Republic of Belarus. Domestic sales bring direct losses, and exports to China are at least some opportunity to provide economic feasibility of potato starch production in Ukraine, ”said Serhiy Samonenko, director of VYMAL. According to Eugene Kuzin, head of ...

Source

Agravery

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