Belarus: BUCE accredits first non-resident broker

Nordic Industries (Lithuania) received trader and broker certificates of Belarusian Universal commodity Exchange (BUCE) on August 9, BUCE spokesman Roman Yaniv said. “Besides participation in exchange auctions Nordic Industries is expected to bring new Lithuanian companies to BUCE’s trading platforms and will promote commodity exchange services on the Lithuanian market. BUCE and Nordic Industries are…

Belarus: India to partake in potash production

India is ready to take part in the production of potash fertilizers in Belarus and their long-term purchase, Ambassador Extraordinary and Plenipotentiary of India to Belarus Pankaj Saxena said. The diplomat stressed that the potash sector was important for the Belarusian-Indian cooperation. “Belarus is a big producer of potash fertilizers. India should ensure food security…

Belarus: inflation up in July 2016

Belarus saw a 0.4% inflation growth in July and 7.8% in January-July, the National Statistics Committee (Belstat) said. In January Belarus’ consumer prices grew by 1.9%, in February – by 2.9%, in March – by 0.8%, in April – by 0.7%, in May – by 0.5%, in June – by 0.4%. In July Belarus’ consumer…

Belarus: oil refineries output up H1 2016

Belarusian oil refineries processed 11.937 million tons of crude in January-June, up by 0.5% YoY, Belneftekhim reported. In H1 Belarusian oil refineries increased output of the AI-95 petrol by 30%, kerosene – by 40%, bitumen – by 43.9%, compound fertilizers – by 52.4%, ethylene polymers – by 3.1%, truck and bus tyres – by 52.4%.…