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Ukraine state grain firm exports 2.4mn T of grain in 2018/19

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By Fawad MaqsoodReuters

KIEV: Ukraine's state grain firm GPZKU said on Wednesday it exported 2.44 million tonnes of grain in the 2018/19 July-June season, including 921,000 tonnes to China.

The company gave no export data for the previous season.

Under a $1.5 billion Chinese loan-for-grains deal signed in 2012, GPZKU is meant to supply 5 million tonnes of grain to Chinese trading firm CCEC each year.

GPZKU said that corn dominated its exports and besides China it exported grain to European Union countries, Egypt, Algeria, Tunisia and Bangladesh.

Ukraine exported a total of 49.7 million tonnes of grain in the 2017/18 July-June season.

Copyright Reuters, 2019

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