Ukraine will buy China's 20 thousand tons of buckwheat

Officials from Minagroproda Ukraine will soon go to China to negotiate the purchase of 20 thousand tons of buckwheat. The Ministry assured that the price for this buckwheat will be USD 11.10 per kilogram of Ukraine intends to bring from China 20 tons of buckwheat, the director of the department of agrarian market development Ministry of Agrarian Policy and Food Anatoly Rozgon, according to Interfax-Ukraine. "Negotiations are under way, as soon as the Ukrainian delegation will travel to China. There is a tentative agreement on imports from this country of 20 thousand tons of buckwheat to Ukraine ", - he said at a press conference in Kyiv on Friday. Rozgon reported that, according to preliminary calculations, the selling price of Chinese buckwheat in Ukraine amount to 11.10 USD / kg. "This government's response to those who lobbied and supported the growth of prices for buckwheat. Let them be with their buckwheat and will remain, "- he said. Rozgon clarified that the buckwheat from China will import or the State Food and Grain Corporation, or LLC Investbud Bread. " He noted that Ukraine has formed in the cost of buckwheat is overstated. According to Minagroproda, the cost of buckwheat this year amounts to 1,747 UAH / tonne against 1,505 USD / tonne in 2009. Director of the Department also reported that the Agrarian Fund on forward contracts to buy 20-25 thousand tons of buckwheat to create a stabilization fund in order to prevent price fluctuations and growing of buckwheat support this year. According Rozgona, Minagroprod expects the expansion of crops of buckwheat in 2011 from last year's 200 thousand hectares to 300 hectares. Yesterday it was reported that Ukraine has become impossible to buy buckwheat - even the unprecedented high price of 23 USD / kg. Sales of buckwheat in Ukraine suspended. As representatives of a number of large producers of buckwheat, now they do not sell their products. According to them, the main cause of this situation are the measures applied by public authorities to "stabilize the price situation on the market."