Russia: grain exports from seaports up in late September 2016

On September 19-25, the export volumes of grains from the Russian seaports reached 747.4 thousand tons, against 229.4 thousand tons shipped on the previous week.

In particular, the wheat shipments totaled 595.3 thousand tons, barley – 5.8 thousand tons, corn – 136.9 thousand tons, and peas – 9.4 thousand tons. (APK-Inform/Business World Magazine)

Ukraine: seaports grain exports up in late September 2016

On September 19-25, Ukraine exported 648.4 thousand tons of grains from the seaports, against 596.1 thousand tons on the previous week.

In particular, wheat shipments reached 579.5 thousand tons, barley – 64.9 thousand tons, and corn – 4 thousand tons. (APK-Inform/Business World Magazine)

Russia: VimpelCom Ltd chooses buyer for towers

Amsterdam-based VimpelCom Ltd. has allegedly agreed to sell its tower bases in Russia to local company Russian Towers, winner of the tender, and the deal’s future will be settled at a meeting of VimpelCom Ltd.’s board of directors, scheduled for the end of September. A person close to VimpelCom Ltd. confirmed that the process of…

Russia: oil price to fall in few years

The oil price can fall to $30 per barrel over the next few years and can decrease further over a 20-year period, Alexei Kudrin, former finance minister and current head of the Center for Strategic Research, said. “After the oil price has fallen, the budget deficit will be 3.7% (of gross domestic product) this year…

Russia: export duties on wheat zeroed down

On September 23, Russia zeroed down the export duties on wheat, the Minister of Agriculture of Russia Alexander Tkachev declared. According to the forecast of Tkachev, in the current year the grain exports will reach 35-40 million tons. At the same time, as of the morning of September 23, the officials still did not make…

Ukraine: flour output down in January-August 2016

In January-August Ukrainian flour milling enterprises produced 1.212 million tons of flour, down by 5.9% YoY, the State Statistics Service of Ukraine declared. In particular, the production volumes in August totaled 176 thousand tons, up by 18.4% MoM and by 1.1% YoY. In January-August the production volumes of crude sunflower oil in Ukraine totaled 2.4…