March 13, 2012


Ukraine's HIB to supply 300,000 tonnes wheat to Syria



In line with an inter-government agreement, 300,000 tonnes of Ukrainian-origin milling wheat will be supplied by Ukraine's HlibInvestBud (HIB) to Syria, it said on Monday (Mar 12).


HIB said in a statement the deal had been signed last year.


"At the present time HIB is performing the first contract, in the frame of a general agreement, for supplying 100,000 tonnes of Ukrainian milling wheat to Syria," HIB said.


The trader said this was the first tranche of the 300,000 tonnes total, but it declined to give more details.


Ukraine harvested 22.3 million tonnes of wheat in 2011 and about 50% of grain was of milling quality.


Ukraine's grain lobby UAC said this month the former Soviet republic had exported a total of 13.5 million tonnes of grain in the first eight months of the 2011/12 season against about eight million in the same period a season earlier.


UAC said the volume included 7.7 million tonnes of corn, 3.6 million tonnes of wheat and two million tonnes of barley.