News

Ukraine increased corn exports to China

Maize (Corn)
Published Nov 30, 2023

Tridge summary

Ukraine has seen an increase in corn exports to China due to the stabilization of deep-sea ports. As of November, Ukraine had already exported 2.4 million tons of corn with 2.2 million tons already contracted for December. The stable demand from China is expected to lead to further price increases for Ukrainian corn.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

Thanks to the relative stabilization of deep-sea ports, Ukraine has increased corn exports to China. This was discussed on November 28 during a weekly briefing organized by the analytical center of the PUSK agricultural cooperative, created within the framework of the VAR. According to analysts, as of November 27, Ukraine exported 2.4 million tons of corn from the contracted 2.5 million tons since the beginning of the month. As of December, 2.2 million tons have already been contracted. Until the beginning of March, the main offer of corn on the world market will be from Ukraine and the USA. "Deep-water ports are starting to work and Ukraine is more actively selling corn to China, where its price with delivery at the level of $250 per ton is competitive. China bought about 100-120 thousand tons of Ukrainian corn last week, 100-150 thousand tons the day before last. That is, one or two panamaxes are sent to China every week, where buyers are satisfied with the price-quality ratio ...
Source: Agravery
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