22 January 2020, 08:40, Grain

Kernel grain export 30 pct up in Q2 FY2020

Infographic guide Ukrainian Agribusiness 2018/19

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In Q2 FY2020, Kernel boosted grain export shipments by 30% to 2.26 mln t.

Grain transshipment at the company's export terminals grew by 35% y-o-y to 1.69 mln t, stemming from a hefty growth of grain exports from Ukraine and increasing utilization of the first stage of TransGrainTerminal.

In H1 FY2020, the volume of grain exported from Ukraine surged 24% y-o-y to 3.88 mln t, whereas sunflower oil sale dropped 17% y-o-y to 647.3 thou. t. Kernel's export terminals provided for the transshipment of 2.89 mln t of grain, 29% up y-o-y.

As a reminder, in H1 FY2020 Kernel increased its oilseeds processing by 16% to 1.57 mln t.

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