30% of my country’s imported corn comes from Ukraine, and the situation in Russia and Ukraine may cause prices to rise jqknews
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30% of my country’s imported corn comes from Ukraine, and the situation in Russia and Ukraine may cause prices to rise
2022-02-24 12:07
Source: Securities Times Network
Author: Song Tenghu
Securities Times Network
Song Tenghu
2022-02-24 12:07
Securities Times Network News, according to CCTV Finance on February 24, the escalation of the situation in Russia and Ukraine has begun to have an impact on the international agricultural trade pattern. Ukraine is one of the main source countries of my country’s corn imports. According to customs data, in 2021, my country will import 8.24 million tons of corn from Ukraine, accounting for 29.07%. It is understood that my country’s imported corn is mainly used for feed processing. The corn imported from Ukraine mainly departs from the port of Kiev and is transported by sea to various ports in eastern and southern my country. Importers told reporters that they are more worried about price changes than shipping schedules. Recently, the import price of corn has continued to rise. From 1,900 yuan per ton at the end of last year, it has risen to the current 2,600 yuan per ton. Expert analysis believes that once the conflict intensifies, it will continue to push up the price of corn imports in the short term.
Disclaimer: Securities Times strives for true and accurate information. The content mentioned in the article is for reference only and does not constitute substantive investment advice. Operational risks are based on this.
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30% of my country’s imported corn comes from Ukraine, and the situation in Russia and Ukraine may cause prices to rise
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Song Tenghu
2022-02-24