Prospects for supply of Ukrainian grains on Asian markets are quite high – expert
Ukrainian grains have rather good prospects on the markets of Asian countries, declared Ekaterina Krivonos, Economist in Trade and Markets Division of the FAO, during her speech at the first international conference "Ukrainian grain to the world!" in Hong Kong.
To date there is a number of reasons – the population growth, the GDP growth, etc. - which contribute to the further growth of grain imports to Asian countries, said the expert.
As for Ukraine, Malaysia is the prospective market for Ukrainian wheat, China is the prospective direction for Ukrainian maize and soybeans, explained E.Krivonos.
As for the exports of vegetable oils, the expert noted that the Asian market is very sensitive to changes of the price situation, and therefore Asian importers often prefer purchasing cheaper palm oil. However, there is also the considerable demand for high-quality sunflower and rapeseed oils, specified E.Krivonos.
She stressed that the supply of agricultural products to Asia requires to consider various tariff barriers, which differ in each of the countries of the region.
You should be authorized to post comment
Ukraine: Portinvest to build a grain terminal in the port Yuzhny
State Food and Grain Corporation of Ukraine to increase shipment capacities of the Odessa terminal
As of August 28, Ukraine harvested over 35.5 mln tonnes of grains - Ministry of Agrarian Policy
New season for Black Sea sunflower: close to record
No reason to limit Ukrainian wheat exports – Ukrainian Grain Association
APK-Inform Agency is glad to present our new magazine Oilseeds and Oils Monthly outlook
August 28, 17:10