New
Transform your trade strategies with Market Brief, Tridge’s AI-powered market insights.

Belarusian rapeseed meal began to be exported via BUTB

Published Dec 17, 2024

Tridge summary

Belarus has started exporting rapeseed meal, a feed additive, abroad for the first time through the Belarusian Universal Commodity Exchange (BUCE), with a transaction of 200 tons. The most recent transactions for feed and feed additives reached USD 56 million, a 32% increase from the previous year, with the EU, Russia, China, and Switzerland being the main markets. The Belarusian National Biotechnology Corporation dominates the structure of these exports, particularly essential amino acids like L-lysine sulfate, L-lysine monohydrochloride, L-threonine, and L-tryptophan.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The range of Belarusian feed and feed additives supplied abroad via the Belarusian Universal Commodity Exchange (BUCE) has been expanded with a new item – rapeseed meal. The volume of the first export transaction was 200 tons, and the buyer was a company distributing raw materials for feed mills from the Novgorod region, the press service of the platform reports. “Feed and feed additives, along with meat and dairy products, are one of the most important items of exchange export. Over 11 months of the current year, the amount of transactions for this product group reached USD 56 million, which is 32% more than for the same period last year. The most popular items among foreign participants in exchange trading are rapeseed oil, beet pulp and molasses, amino acids, premixes and wheat gluten. Key sales markets include the EU countries, Switzerland, Russia and China. As for rapeseed meal, until now this product has been sold only on the domestic market, and the first export deal is a ...
Source: Milknews
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.