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China expected to be the main market for Russian wheat and sunflower oil

 Last Update: 2022-04-16
 Source: Internet
 Author: User

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Foreign media March 10 news: S&P Global Platts said that due to the harsh financial sanctions imposed by the West on Russia, Russia’s agricultural exports
to its traditional market, Europe, are threatened .
China could become a major buyer of Russian wheat and sunflower oil
.

Recently, the Chinese government officially approved the import of wheat from all regions of Russia and allowed Russia to use deep sea ports to transport wheat
.
Previously, China only allowed seven regions of Russia to export wheat to China, and it could only use road and rail transportation
.

China offers a huge opportunity for Russian wheat
.
Chinese wheat demand has already risen in 2021 as wheat replaces corn and its use in animal feed increases
.

Russia is also expected to tap into China's huge vegetable oil market, as exports to Ukraine, the top exporter of sunflower oil, have been disrupted, increasing Chinese demand for Russian products
.

Agricultural products export wheat sunflower seeds

China offers a huge opportunity for Russian wheat
.
Chinese wheat demand has already risen in 2021 as wheat replaces corn and its use in animal feed increases
.

　　Russia is also expected to tap into China's huge vegetable oil market, as exports to Ukraine, the top exporter of sunflower oil, have been disrupted, increasing Chinese demand for Russian products
.

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