China may allow the import of Ukrainian peas from January

Published Nov 11, 2024

Tridge summary

Ukrainian agricultural cooperative PUSK reports stable domestic pea prices, with standard purchase prices ranging from 14.8-15.2 thousand UAH/t. The major importers of Ukrainian peas are India, Turkey, and EU countries, but negotiations with China for potential exports starting January 2025 are underway. The entry of China as a market could significantly increase Ukrainian pea exports and positively impact market prices.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

This is reported by the analysts of the agricultural cooperative PUSK, established within the borders of the Var. It is noted that currently Ukrainian intermediaries offer standard purchase prices, however, potential access to one of the largest markets in the world can change the situation. "As of November, the prices of peas on the domestic market are kept at a stable level. Currently, the purchase prices at the Western Container Terminal in Ternopil fluctuate between 15.1-15.2 thousand UAH/t. Intermediaries offer similar prices in other regions, which vary in the range of 14.8-15 thousand UAH/t. At the ports, the prices are slightly higher — 15.5-16 thousand UAH/t, depending on the quality of the products and terms of supply," analysts report. Today, the major importers of Ukrainian peas are India, Turkey and the EU countries, but negotiations are already underway with China regarding potential exports from the beginning of 2025. "Currently, active negotiations are ongoing ...

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