Ukraine is set to become China’s top supplier of corn in the first half of 2015 as both countries reap the benefits of closer trade relations and Beijing looks to diversify its grain and oilseed purchases.
The latest customs data for May shows China imported 403,881 tonnes of corn — mainly used as livestock feed — of which almost 95 per cent came from Ukraine.
This takes the total imports from Ukraine, the bread basket of eastern Europe, to 1.55m tonnes for the first five months of the year, or nearly 90 per cent of China’s overseas corn purchases.
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