Grain Corporation improved port facilities in Odessa and Nikolaev to export 5 million grain and corn to China
Representatives of the State Food and Grain Corporation of Ukraine, the China National Complete Engineering Corporation (CCEC) and the Ministry of Economy of Ukraine during a meeting on August 9 reached an agreement on the export of one million tonnes of grain to China by the end of this year.
The Ukrainian corporation disclosed that a complex of preparatory work at the port facilities in Odessa and Nikolaiev were completed, and also, at the request of the Chinese side, reached agreements with partners on the possibility of transshipment of an additional one million tonnes of grain at Chornomorsk seaport (Odessa region).
We plan to carry out purchases at our own elevators and use our own logistics and port facilities in order to make our partners the most profitable price offer.Andriy Vlasenko, acting chairman of the board of the State Food and Grain Corporation of Ukraine
In June 2021, the Grain Corporation discussed with CCEC representatives a possible delivery in the 2021/2022 MY of 2 million tonnes of early grain and 3 million tonnes of corn.
The Ukrainian corporation also mentioned data from CCEC President Yang Jing, who noted that the Chinese side confirms its interest in developing cooperation, strives to fulfill the conditions of the existing contract for the 2021/2022 marketing year (MG, July-June) and is waiting for proposals from the Ukrainian side.
In turn, the Ministry of Economy proposed to hold weekly negotiations on the supply of grain between the Grain Corporation and CCEC.