An upward trend has taken shape in Ukrainian flour exports. Ukraine shipped abroad 19 KMT of flour in October 2018/19, or 24.6% more than in the previous month. However, its exports were down 54.3% from October 2017, when 41.5 KMT was supplied to foreign markets, reports UkrAgroConsult.
Ukraine exported 66.5 KMT of flour in July-October 2018/19, or 58.1% less than in the same period last season (158.9 KMT).
At the same time, flour production in Ukraine is just 13.6% behind last year. So, 1.3 MMT of flour was produced in January-October 2018 against 1.6 MMT in the same period in 2017.
During January-October, Ukraine reduced flour supplies to its traditional markets such as China (-69%), Israel (-13%), and the UAE (-75%) following an overall downward trend in exports. At the same time, the first four months of the current season witnessed substantial growth in Ukrainian flour shipments to Singapore (+94%), Lebanon (+93%), and Palestine (+42%).
The delivery period is February 10-25, 2019