Bulgaria: oilseed market behavior

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…

Malaysia: AirAsia keen to start flights to Moscow

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…

Ukraine: cornstarch exports up in 2015-2016

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…

Ukraine: sunflower seed market in 2015/2016

The 2015/2016 marketing year was quite successful for Ukraine in markets of sunflower seed and its processed products. All-time high sunseed production at 11760 KMT was the key to such a success. Favorable agro-meteorological conditions allowed obtaining the best result on close to record planted area, owing to minimal losses and high productivity. High sunflower…