The bumper sunseed crop Ukrainian growers managed to harvest in 2016 – 14 MMT (estimate) – predictably matters in the 2016/2017 season. Justifying expectations of analysts and market participants, both sunseed crushing and sunoil exports show a record pace. So, sunoil production by large and medium-sized crushers in the five months of 2016/2017 is estimated…
The government of Kenya has stated it intends to purchase 450 thousand tons of Ukrainian corn, according to a letter of the Ukrainian Ministry of Foreign Affairs addressed to the Agrarian Policy and Food Ministry. “The government of Kenya decided to purchase 450,000 tons of yellow corn in Ukraine in March-May,” reads a report posted…
The cost of additional and unforeseen works within the first phase of construction of North-South alternative route amounted to $55 million, the Ministry of Transport and Roads of Kyrgyzstan reported. A detailed working project for this phase and construction of the tunnel through Kok-Art Pass was drawn up in parallel to the construction. After the…
Farmers of seven southern Ukrainian regions have started spring grain sowing, seeding 31,000 hectares, the agriculture ministry said on March 13. Farmers have sown 18,000 hectares of spring barley, 11,000 hectares of peas and 2,000 hectares of oats, the ministry said in a statement. Farmers plan to sow a total of 7.2 million hectares of…
In January-February Murmansk Sea Fishing Port JSC handled 48,500 tons of cargo, up by 30% YoY. The company handled 21,700 tons of fish products (-19.6%). In February, the port’s throughput grew by 19.1%, to 29,900 tons, including 12,500 tons of fish (+5%). Murmansk Sea Fishing Port handled 77 vessels including 74 vessels with fish cargo.…
The Ministry of Finance of Kyrgyzstan and the Eurasian Development Bank signed an agreement on granting an investment loan from the Eurasian Stabilization and Development Fund to finance the project “Commissioning of the second hydroelectric unit of Kambarata HPP-2” for $110 million. In addition to the construction and commissioning of the second hydrounit of the…
The Central Bank of Azerbaijan (CBA) left the discount rate unchanged at 15%. This decision was made at a meeting of the CBA Management Board on March 10. The CBA said the decision was made in connection with the first positive trends observed in the macroeconomy as well as new expectations. Thanks to the measures…