NIBULON topped the grain exporter rating again

2015-01-29 11:34:47

Nibulon has exported 620 KMT of agricultural produce in MY 2014/15. The company tops the grain exporter rating in the first six months of the marketing year. At the same time, it is the third largest exporter of oilseeds. NIBULON claims to account for 9.4% of Ukraine’s overall export market. As per the first half of MY 2014/15, the company's export pattern is dominated by wheat (39%) and corn (29%). Specialists estimate that Ukraine must export another some 12.5 MMT of corn this marketing year, and Nibulon is planning to ship of 1.5 MMT of this volume. The pace of wheat and barley shipments in the first half of MY 2014/15 was much faster than at the same time last year. This marketing year, almost a quarter (23%) of grain is shipped to Egypt, which is trailed by Saudi Arabia with 15% and Spain with 8%. There emerged new export destinations: China and Thailand. In the current marketing year, the company continued importing equipment to upgrade the handling terminal in Mykolaiv, elevators and terminals, to exploit its own fleet, and for other operations.