Ukraine: new season for sunflower oil market

In the season-2016/2017 the production of sunflower oil in Ukraine will increase to 5.36 million tons, against 4.78 million tons in the previous year, due to significant increasing of sunflower seed production in the country. As a result, the key country-exporter of sunflower oil in the world will increase its shipments by 0.55 million tons…

Ukraine: Energoatom seeking to cooperate with Spain’s IDOM in engineering

Representatives of National Nuclear Generating Company Energoatom have discussed a possibility of cooperation in infrastructure and engineering projects with Spain’s IDOM Ingenieria, the company’s press service reported. The press service said that special attention was paid to IDOM projects implemented in the nuclear and energy sector: stress tests at all Spanish nuclear power plants (NPPs),…

Ukraine: Dowty Propellers to deliver parts for new An-132D built for Saudi Arabia

Britain’s Dowty Propellers will supply propeller systems for the engine of new multipurpose An-132D aircraft built at the facilities of Antonov State Enterprise (Kyiv), part of Ukroboronprom State Concern, under a contract with Saudi Arabia. Information about the signing of the agreement between Dowty Propellers and Antonov to supply two R-408 six-blade propeller systems for…

Ukraine: free falling grain prices

The beginning of the season 2016/2017 was marked by export prices reduction to six-year minimum. Only during the first week of the new season prices for all grain crops lost on average $7, and they are also down by $40 compared with the beginning of last season. In fact, price reduction is typical for a…

Ukraine: energy consumption to drop

Ukraine should reduce energy consumption by 5% every year, European Commissioner for Neighborhood Policy and Enlargement Johannes Hahn said. “Energy efficiency is one of the key goals of our joint initiatives”, he said. “Our goal is to improve energy efficiency by 5% every year”, Hahn said. He said that Ukraine should focus on energy efficiency…

Ukraine: 7.7 million tons of coal imported in H1 2016

In January-June Ukraine imported coal and anthracite (foreign activity code 2701) valued at $678.2 million, in particular $102.09 million in June. According to the State Fiscal Service, the Russian Federation delivered coal worth $446.26 million, the United States – $95.93 million, Australia – $43.28 million, other countries – $92.72 million. The total volume of coal…

Ukraine: winter and spring crops condition

Early in July hot weather conditions persisted in Ukraine with local rains and lightning. Along with this, in the dry regions soil moisture stocks decreased considerably, which can lead to higher number of shriveled grain. High temperatures contributed to the intensive growth of grain crops and speeded up the stages of their development Winter wheat…

Ukraine: barley prices down in July 2016

Ukrainian barley prices decreased. By the end of last week export prices for new crop barley had fallen by $4-5.

Domestic prices declined by 150-250 UAH last week. By July 11 farmers had gathered barley from 35% of the intended area. An average productivity is almost 11% higher than last year. (UkrAgroConsult/Business World Magazine)

 

Ukraine: UIA advocates liberalization of aviation market with eastern countries

Ukraine International Airlines (UIA, Kyiv), the largest Ukrainian airlines, believes that the aviation market with eastern countries should be liberalized, UIA President Yuriy Miroshnikov said. “The European market is liberalized enough. Dear managers of the sector, use your liberalization efforts in the East. There are examples of liberal approach, such as Georgia, Kazakhstan, and tough…

Ukraine: Antonov seeking to expand partners’ circle under imports replacement program at Farnborough 2016

Antonov State Enterprise (Kyiv), a leading Ukrainian designer and manufacturer of aircraft, seeks to expand the circle of partners under the imports replacement program during its participation in Farnborough International Airshow Trade 2016 to be held on July 11 through July 17, near London, the press service of the enterprise has said. “The main purpose…

Ukraine: Danube Declaration on inland waterways development signed

According to the Ministry of Infrastructure, Ukraine has signed the Danube Declaration on inland waterway development. The Danube Declaration was adopted on June 7, 2012 in Luxembourg at Ministerial Meeting on the Danube affairs. Transport ministers and heads of delegations from Austria, Bulgaria, Croatia, Germany, Hungary, Moldova, Romania and Slovakia adopted the Declaration. Countries-signatories of…

Ukraine: palm oil imports up in May 2016

In May Ukraine imported 11.8 KMT of palm oil against 7.7 KMT in May 2015. Slight reduction in this product imports was observed for the second consecutive month. In April Ukraine imported 14 KMT, and in March – 15.8 KMT. This reduction didn’t have a great impact on the season’s results. During the first nine…

Ukraine: barley exports down in May 2016

In May Ukraine exported 111.9 KMT of barley compared with 111.15 KMT in May 2015. During July-May of season 2015/16 Ukraine exported 4308.6 KMT of barley, down by 3% YoY (4440.2 KMT). Market operators estimate that additional 50 KMT of barley were exported in June, while in June 2015 barley exports totaled only 3.12 KMT.…

Ukraine: Naftogaz unbundling plan adopted

On July 1, the Cabinet of Ministers of Ukraine (the CMU) approved of a comprehensive plan for restructuring of national joint stock company “Naftogaz of Ukraine” in line with the new law “On the natural gas market” adopted by the Parliament on April 9, 2015. Naftogaz’s unbundling has been a key aspect of the Ukrainian…

Ukraine: oil crops conditions are good

Hot weather and irregular rains accompanied by hail and thunderstorms in some regions were observed during last ten days of June. In some districts of the southern and central regions, where rains were the most intense, the daily maximum precipitation amount was sometimes higher than two-week norm. The average daily air temperature was 20-28 C…