Since the beginning of the year, the volume of soybean exports from the Amur region in Russia to China has exceeded the indicator of the entire 2020

Published 2021년 6월 9일

Tridge summary

The Amur Region has seen a significant increase in its soybean exports to China in the first quarter of 2021, reaching 219 thousand tons, which is more than the total exports of the previous year. The region also exported 4.7 thousand tons of soybean oil and 8.6 thousand tons of soybean meal. The total supply of soy products to China has doubled compared to the same period last year, and the region plans to further increase its supply by the end of 2021. The Amur Region also aims to increase the production of non-genetically modified soybeans and processed products for export to Asia-Pacific countries. This increase in soybean exports is part of a bilateral plan to deepen cooperation between Russia and China, which was signed in June 2019.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The volume of soybean exports from the Amur Region to China in the first quarter of 2021 amounted to 219 thousand tons. This figure exceeds the total volume of soybean exports for the entire last year, the press service of the Ministry of Economic Development and Foreign Relations of the region reported on Wednesday. "In the first quarter of 2021, 219 thousand tons of soybeans were sent to China. Experts note that this figure in the first four months exceeds the total volume of soybean exports for the entire last year," the statement said. In addition to soybeans, the region exported 4.7 thousand tons of soybean oil and 8.6 thousand tons of soybean meal to China. "In general, the volume of supplies of soy products to Chinese partners doubled over the same period last year. By the end of 2021, the Amur Region plans to additionally supply to the PRC market 100 thousand tons of soybeans, 30 thousand tons of meal and 20 thousand tons of soybean oil. ", - noted in the ministry. In ...
Source: Milknews

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