Mongolia began buying Belarusian dairy products at exchange trading

Published 2024년 5월 16일

Tridge summary

The Belarusian Universal Commodity Exchange (BUCE) has successfully completed its first deals for supplying 73 tons of skimmed milk powder to a major Mongolian dairy manufacturer, marking a significant expansion in Belarusian-Mongolian trade relations beyond just sugar. Established in 2004, BUCE facilitates the export of Belarusian products and the entry of foreign companies into Belarus. In the first four months of 2024, BUCE exported over 32.3 thousand tons of dairy products worth $158.5 million.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The first two deals on the supply of skimmed milk powder to Mongolia were concluded at the Belarusian Universal Commodity Exchange, BELTA was told by the BUCE press service. The buyer was a well-known Mongolian manufacturer of dairy and fermented milk products. The total volume of the trial purchase was 73 tons. Assistance in attracting the first Mongolian importer of Belarusian dairy products to exchange trading was provided by the accredited broker of BUCE in Mongolia - the United Meres Machinery company. “Until recently, only Belarusian sugar was exported to Mongolia using the exchange mechanism. In January - April of this year, over 3.7 thousand tons of white granulated sugar worth $2.3 million were sold to the market of this country. At the same time, overall demand for Belarusian-made goods in Mongolia is quite high and local companies are interested in regular purchases of sugar and other types of agricultural products through the exchange platform. In this regard, the ...
Source: Milknews

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