Problems on the railway hinder the export of oil and fat products from Kazakhstan to China

Published 2023년 5월 18일

Tridge summary

Kazakhstan's oilseed processors are facing export challenges due to issues with the railway, putting the realization of the export potential of the country's oil and fat products in doubt, according to the National Association of Oilseed Processors. Despite contracts with China for the supply of over 4,000 tons of vegetable oils and protocols on sanitary requirements for export consignments of certain meals and cakes, logistic problems are hindering the fulfillment of the potential $300 million export potential to China over the next three years. The main issue is the coordination of plans for rail shipments, with only 30% of plans being loaded despite agreements for 38% of the total declared volume. The opening of a new terminal for unloading vegetable oils in tanks at the Alashankou station, with a capacity of 50 wagons per day, may alleviate some of these issues.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Export problems are experienced by oilseed processors due to the situation on the railway. Realization of the export potential of Kazakhstan's oil and fat products is questionable, the National Association of Oilseeds Processors told APK Novosti. “Recently, Kazakhstan and China signed contracts for the supply of vegetable oils in the amount of more than 4,000 tons, as well as the Protocol on sanitary requirements for export consignments of sunflower, safflower, soybean and linseed meal and cake. According to the document, in 1-2 months, the Ministry of Agriculture must provide China with a list of enterprises to be included in the register of Chinese customs,” said Yadykar Ibragimov, Chairman of the Board of the National Association of Oilseed Processors. According to him, the export potential of vegetable oils, as well as meals and cakes from Kazakhstan to China for the next three years will be about $300 million. “Last year, Kazakhstan increased the supply of vegetable oils to ...
Source: Oilworld

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