AIRLINK 63.30 Increased By ▲ 1.10 (1.77%)
BOP 6.13 Decreased By ▼ -0.10 (-1.61%)
CNERGY 4.88 Decreased By ▼ -0.11 (-2.2%)
DFML 14.80 Decreased By ▼ -0.10 (-0.67%)
DGKC 67.34 Decreased By ▼ -1.65 (-2.39%)
FCCL 17.46 Decreased By ▼ -0.27 (-1.52%)
FFBL 25.00 Increased By ▲ 0.40 (1.63%)
FFL 9.18 Decreased By ▼ -0.03 (-0.33%)
GGL 10.25 Increased By ▲ 0.35 (3.54%)
HBL 108.12 Decreased By ▼ -0.38 (-0.35%)
HUBC 116.89 Increased By ▲ 0.39 (0.33%)
HUMNL 6.63 Decreased By ▼ -0.07 (-1.04%)
KEL 4.42 Decreased By ▼ -0.04 (-0.9%)
KOSM 4.65 Decreased By ▼ -0.07 (-1.48%)
MLCF 35.95 Decreased By ▼ -0.95 (-2.57%)
OGDC 123.00 Decreased By ▼ -0.30 (-0.24%)
PAEL 22.76 Increased By ▲ 0.32 (1.43%)
PIAA 23.89 Increased By ▲ 1.67 (7.52%)
PIBTL 5.74 Decreased By ▼ -0.01 (-0.17%)
PPL 111.30 Increased By ▲ 0.40 (0.36%)
PRL 27.56 Decreased By ▼ -0.01 (-0.04%)
PTC 15.25 Increased By ▲ 1.06 (7.47%)
SEARL 52.95 Decreased By ▼ -0.30 (-0.56%)
SNGP 63.40 Decreased By ▼ -0.35 (-0.55%)
SSGC 10.85 Decreased By ▼ -0.15 (-1.36%)
TELE 9.22 Increased By ▲ 0.27 (3.02%)
TPLP 10.90 Increased By ▲ 0.17 (1.58%)
TRG 71.30 Increased By ▲ 1.00 (1.42%)
UNITY 24.80 Increased By ▲ 0.60 (2.48%)
WTL 1.38 Increased By ▲ 0.02 (1.47%)
BR100 6,751 Increased By 52.9 (0.79%)
BR30 22,646 Increased By 28.2 (0.12%)
KSE100 65,503 Increased By 612.1 (0.94%)
KSE30 21,721 Increased By 185.1 (0.86%)

MOSCOW: Russia's August grain exports are expected to reach 4.0-4.3 million tonnes including 3.3-3.5 million tonnes of wheat, a record high for this point in the marketing season, agriculture consultancy SovEcon said on Monday.

"The pace of grain exports, above all exports of wheat, will rise from the second half of the month due to the arrival of the new crop and previously signed supply contracts with Egypt," SovEcon said in a report.

Russia's grain exports have been relatively slow since the beginning of the season on July 1, after rain and cold weather delayed harvesting.

As of July 19, Russia had exported 1.1 million tonnes of grain, down 6.2 percent from a year earlier.

Exports of 520,000 tonnes of wheat were down 37.8 percent.

SovEcon estimates July grain exports at 2.1-2.3 million tonnes, including 1.1-1.3 million tonnes of wheat, 400,000-450,000 tonnes of barley and 400,000 tonnes of maize (corn).

Egypt, the world's largest wheat importer, is the biggest buyer of Russian wheat. Moscow has agreed to supply a large amount of wheat to Egyptian state grain buyer GASC in recent months.

 

Copyright Reuters, 2017
 

 

Comments

Comments are closed.