Russia continues to export high volumes of wheat brans. In May shipments of wheat brans from Russia were 69.15 KMT, which is 38.5% higher than in May 2015 (49.9 KMT). Since the beginning of the season Russian wheat bran exports are 12% higher than over the same period of 2014/2015 (717.2 KMT against 637.7 KMT…
Deputy head of Turkmenistan’s “Turkmenneftegazstroy” state concern Atakuli Tatov has been appointed acting head of the concern, the decree signed by Turkmenistan’s President Gurbanguly Berdimuhamedov said. The subdivisions of the state concern are engaged in construction of oil and gas pipelines and development of oil and gas fields, reconstruction of oil processing facilities, as well…
Losses bourn by Ukraine because of the unilateral termination of the Cyclone-4 contract by Brazil can reach about $800 million, the press service of Yuzhnoye State Design Office has said. “According to preliminary estimates, Yuzhnoye Design Office losses could amount to roughly $800 million because of the unilateral contract termination by Brazil”, the report has…
Shokhrukh Shoakhmedov was appointed the deputy chairman of Uzbekistan’s Central Bank according to a decree of President Islam Karimov, the Central Bank said. Shoakhmedov was heading the Central Bank’s central administrative board in Tashkent. Uzbekistan’s Central Bank is tasked to regulate money circulation and activities of commercial banks in the country. Currently 26 banks operate…
According to the Ukrainian AgMin, new record was set in grain exports, which exceeded the previous volume by 5 MMT. Preliminary estimates of 2015/2016 total exports are 39.415 MMT. This includes 17.354 MMT of wheat, 17.396 MMT of corn, 4.409 MMT of barley and 256 KMT of other grain crops. In 2014/2015 34.805 MMT of…
Weather conditions were favorable for winter and spring grain crop development in May-July. During the first week of July soil moisture reserves were satisfactory except for Western regions. Last week was rather hot with minor precipitations. Currently, a dry weather phenomenon is observed in some Southern, Eastern and Western regions. Early spring crops are at…
In January-June Big Port St. Petersburg handled 24.16 million tons of cargo (down by 8% YoY). According to the port authority, transshipment of oil products fell by 34% to 3.32 million tons, dry bulk cargo – by 15% to 3.61 million tons, general cargo climbed by 1% to 6.13 million tons. The port’s container throughput…