As of March 1, Kazakhstan exported 4.5 mln tonnes of grain and flour in grain equivalent, declared Alexander Malov, General Director at VKZ-Agro LLP within Asia Grains&Oils Conference 2022 on April 7.
“We estimate grain stocks in Kazakhstan, including imports from Russia, at 6.2 mln tonnes as of March 1. Thus, we see the export potential of wheat and flour at 3 mln tonnes. The exports accelerated after the information about the imposition of the quotas from April 15. We estimate the export to reach 1.1 mln tonnes of grain and flour in March - first half of April. In April-June, we will have 1 mln tonnes of wheat and 300 thsd tonnes of flour determined for export by the state. We suppose that we will have additional 1 mln tonnes of grain and flour for export”, – the expert explained.
He added that the Central Asia would show traditionally weak demand for Kazakh grain in summer. The current unusually strong exports will fill the market. Thus, it will be difficult for Kazakh grain to find demand in the Central Asia in summer.