Kazakhstan: grain export prices up

In January-October the prices for exported products in Kazakhstan increased by 9.9% YoY, including grains – by 13.6%, the Committee on statistics at the Ministry of National Economy reported. According to the announcement, in the reporting period the export prices for cotton increased by 36.6%, wool – by 10.6%. In addition, the prices for imported…

Ukraine: industrial dialogue with EU in 2017 started

Ukraine will launch a dialogue with the European Union in 2017 to promote the development of the country’s industry, Deputy Minister of Economic Development and Trade Representative of Ukraine Natalia Mykolska has said. “In 2017 we start the industrial dialogue with the European Commission to stimulate the Ukrainian industry”, she wrote on her Twitter account…

Ukraine fails to export harvested grains

Due to the problems with logistics of agricultural products, Ukraine will fail to export the harvested grain volumes, the founder and CEO at the Agri-industrial holding Astarta Viktor Ivanchyk declared. Thousands of rail cars were taken out of service, the number of motor transport reduced, because many vehicles became disabled, and there is no upgrade…

World: CBOT corn prices gain 4.5%

On December 1-8, CBOT corn prices gained 4.46%. On the spot market US corn export prices recovered to the previous week’s level. Brazilian corn prices increased on average by $7/MT, while Argentinean corn prices rose by $4/MT. CBOT futures were supported by the following factors: positive data on ethanol production in the USA and lack…

Moldova: electricity tariffs to increase

According to the National Energy Regulatory Agency, on December 12, the requests by RED Union Fenosa and Gas Natural Fenosa Furnizare Energie to raise the electricity tariffs were posted on the ANRE official web site as Law No 107 dated May 27, on electricity requires and the civil community has been given 15 days since…

Ukraine: logistics problems affecting grain exports

In the current season of 2016/2017 Ukraine’s grain market has faced a shortage of rolling stock for transporting grain freights. However, while the transport shortage was previously associated with a lack of railcars, the availability of trucks has also become an acute problem now. The logistical difficulties in Ukraine have already caused changes in the…

Ukraine: flour production not modernized due to low marginality

Low marginality of flour production does not allow Ukrainian companies-processors to realize significant investments in reconstruction of their enterprises, and denies the opportunity to improve qualitative characteristics of the final product, and reduce its production costs, the co-owner of the group of companies Ukr-Agro-Product LLC, Khlebodar and GFS Group Boris Shestopalov declared. According to him,…

Ukraine ready to buy Russian gas

Although Ukraine has confirmed its readiness to buy 1.5-4 billion cubic meters of Russian gas this winter and Moscow said it was ready to ensure exports to Ukraine and the E.U., no final deal was reached during the talks, Russian Energy Minister Alexander Novak reported. “The Ukrainian side has expressed its readiness to buy 1.5-4…

Ukraine: terms for sending advance payments to buy equipment for Vilkha defense project extended

Ukraine’s Cabinet of Ministers has permitted government customers to extend the terms for sending advance payments to buy specialized equipment required for the implementation of the Vilkha defense project to 24 months. The requirement is outlined in the government resolution No. 891 dated November 30, amending government resolution No. 117 dated April 23, 2014. The…