On August 15, the National Bank of Ukraine (NBU) registered the Sigue Money Transfer international system, the payment organization of which is Cel.Int Ltd (UK). Participants in the payment system are PrivatBank, Oschadbank, and Unex Bank. According to the NBU, taking into account Sigue Money Transfer, currently ten payment systems are registered, the payment institutions…Details
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Myronivsky Hliboproduct (MHP) saw a 29% fall in net profit in April-June YoY, to $165 million. According to a report of the holding posted on the London Stock Exchange (LSE) on Wednesday, its revenue in Q2 2016 fell by 7%, to $286 million, gross profit grew by 4%, to $142 million, operating profit decreased by…Details
Grain crops have been seeded on the territory of 734.3 thousand ha in Karaganda region this year. As of August 16, grain crops on 1.5 thousand ha have already been harvested in Karaganda region, the press service of the Ministry of Agriculture of Kazakhstan informs. The weather in Kazakhstan will allow to start the all-round…Details
Analysts of Rusagrotrans CJSC increased the forecast of the general grain harvest in Russia in 2016 to 118.5 million tons, against the previous forecast of 116 million tons, the Deputy Director of the strategic management department at Rusagrotrans CJSC Igor Pavensky declared. According to him, Russia produced the previous record harvest of grains 37 years…Details
In 2015/2016 MY Ukraine shipped 344.2 thousand tons of flour to foreign markets, which exceeded the record index of last season by 94 thousand tons. State Enterprise Novopokrovka Factory of Bakery Products headed the rating of the largest companies-exporters of flour, shipping nearly 20% of the general exports, or 68.5 thousand tons of flour. The…Details
According to Rufco Company, grain freight rates remained steady in the Azov Sea basin. Trading activity declined slightly, grain exports did not meet expectations of shipowners, first of all regarding shipments to Turkey. Supply of free “river-sea” fleet exceeded demand in spot market. In the Caspian Sea grain freight rates continued to strengthen. Shipments of…Details
The TOP-3 of companies-leaders in wheat exports remains unchanged and includes the following: Nibulon Ltd, PJSC State Food and Grain Corporation of Ukraine, and Cargill AT, which jointly supplied more than 20% of the annual export volumes (nearly 3.5 million tons) to the global market. The TOP-10 of wheat exporters shipped more than 6.5 million…Details