Russian Power in Asia's Wheat Market Now Includes Vietnam
- Russia boosts sales to become Vietnam’s No. 1 supplier
- Some traders are worried after Vietnam found weed in imports
This article is for subscribers only.
To see how far Russia has expanded its grip on the global wheat market, just look at Vietnam.
For the first time, Russia is the top supplier of wheat to Vietnam, the seventh-biggest market in Asia. Exports jumped 13-fold in the 10 months through April, compared with the previous season, according to UkrAgroConsult.