KIEV: Ukraine’s wheat exports rose by 9 percent in the first four months of the 2016/17 July-June season to 8.24 million tonnes, analyst UkrAgroConsult said on Thursday. In October, the exports totalled 2.06 million tonnes, it said in a statement. “The period under review saw substantially higher deliveries to the markets of Bangladesh, Indonesia, Philippines, Libya, and Lebanon,” UkrAgroConsult said.
It added that the Indian market had absorbed over 8 percent of the total wheat volume exported from Ukraine over that time or 672,300 tonnes. The consultancy said Ukrainian wheat shipments to the European Union were “comparatively sluggish”. Traders have said Ukraine is likely to export around 15 million tonnes of wheat this season versus around 17 million in the season earlier.