DCH Group owner and president Oleksandr Yaroslavsky plans to resume the work of Kharkiv Tractor Plant from the beginning of 2017. “I cannot now voice the exact timing of the resumption of the plant’s operations. We have all the levers for this. We have only to finish all our court cases. I hope next year…
Domestic market of sunseed was characterized by trading activity last week, raw material was available throughout the country. Average prices increased by 2-3% depending on the region and as of October 14, reached $364/MT. Slight decrease in demand was noted on rapeseed market, which caused the downward price adjustment. Thus, as of October 14, the…
Decrease in purchasing prices was seen on the domestic market of Bulgaria. Domestic prices for both milling and feed wheat were under the pressure of a huge grain supply on the market. At the same time, export prices for Bulgarian milling wheat with 11.5% protein strengthened by $1 due to high import demand from the…
AirAsia is considering adding Russia to its list of destinations, the Malaysian low-cost carrier’s founder Tony Fernandes reported. Russia is becoming an increasingly popular tourist destination for Asian tourists, Fernandes said. “My video on Facebook from the Red Square was viewed by 60,000 people in two hours! I got 300 comments, and everyone asked about…
State enterprise Ukrenergo expects the increase in electricity consumption during the 2016/2017 heating season by 3-4% in comparison with the past season, company acting director Vsevolod Kovalchuk has said. “We foresee 3-4% more than last season. Although the overall volume of the planned power supply for next year is 7 billion kilowatt-hours less than was…
In 2015/2016 Ukraine exported 31.58 KMT of cornstarch, up by 35% YoY (23.45 KMT). Indonesia was the key importer, purchasing nearly 200% more Ukrainian cornstarch in 2015/2016 MY YoY. In 2015/2016 Ukrainian exporters shipped about 18 KMT to this country, or 57% of the total cornstarch exports. Share of Russia (largest importer in 2014/2015) decreased…
As of October 20, Ukrainian agrarians harvested 49.872 million tons of grains throughout the areas of 11.905 million ha, or 83% of the plan. The average yield totaled 4.19 ton/ha, the Ministry of Agrarian Policy and Food of Ukraine reported. At the same time, on the same date last year the production volumes reached 51.2…