Russia exported more than 200 KMT of soybean

MOSCOW: Soybeans exports from Russia reached 210 KMT over the first six months of the current season, including 70 KMT in January 2016. Exports increase from month being almost completely bought out by Chinese importers.

At the moment soybean exports from Russia are almost twice higher than during the previous season (107 KMT in January-September 2014/15 MY).

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Currently UkrAgroConsult estimates total soybean exports from Russia at 500 KMT. However, this estimate may be raised to 550-600 KMT if export pace remains record high in coming months.

Further development of oilseed/vegoils market in Ukraine and Black Sea countries will be discussed at the IV International Conference “Black Sea Oil Trade-2016” on September 7, 2016 ​in HILTON hotel, Kyiv, Ukraine.