Global flour trading is expected to increase in the third quarter of the 2020/2021 MY
Wheat Flour
World
Published Jan 28, 2021
Tridge summary
Global flour trading is expected to increase in the third quarter of the 2020/2021 marketing year to 15.1 million tons in wheat equivalent due to the resumption of supplies to Asian countries. Flour supplies to countries such as Uzbekistan, Iraq and Afghanistan continue to increase, as a result of which global product trading will increase by 5.5% in the current marketing year. This was reported by World Grain with reference to the information of the International Grains Council, writes agronews.ua.
Original content
If this trend continues, world flour trade in the third quarter of 2022021 marketing year will increase to 15.1 million tons compared to 14.3 million tons in the same period last marketing year. "Based on trade data to date, there are a number of compensatory changes in import performance, including a downward revision for Brazil, North Korea, the Philippines and Somalia, while forecasts are higher for the EU, the UK and Tajikistan." it is said in the message. Afghanistan and Iraq are projected to become the largest importers of flour - 2.5 million tons and 2 million tons, respectively. Also, a significant increase in imports compared to the same period last year in the EU (from 41 thousand tons to 120 thousand tons), Iraq (from 1.86 million tons to 2 million tons), Syria (from 407 thousand tons to 450 thousand tons), Yemen (from 673 thousand to 900 thousand tons), Angola (from 350 thousand to 450 thousand tons) and Afghanistan (from 1.9 million tons to 2.5 million tons). ...
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