Belarus’ proceeds from oil product exports reduced by 36.1% YoY in January-July to $2.766 billion, a government source reported. In physical terms, Belarus’ oil product exports reduced by 4.6% YoY to 9.667 million tons. The decline in proceeds from oil product exports results in the first place from the plunge in global prices of oil…Details
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Belarus’ farm output grew by 2.2% YoY in January-August to 8.4 billion Belarusian rubles ($4.347 billion at the official exchange rate), a source in the National Statistics Committee (Belstat) reported. Sales of fattened cattle and poultry grew by 3.1% YoY in to 1.055 million tons; milk output grew by 0.9% to 4.14 million tons, and…Details
The Azerbaijan Export and Investments Promotion Foundation (AZPROMO) has become a member of the Silk Road Chamber of International Commerce, AZPROMO said in a message. The Silk Road Chamber of International Commerce, members of which are chambers of commerce from 22 countries, was created with the support of international organizations to promote investment and trade…Details
The Ministry of Agrarian Policy and Food of Ukraine has agreed with grain exporters on the annex to the Memorandum of understanding for 2016/2017 MY. The parties will sign the document in the nearest future. According to the annex to the document (revised on September 22), the forecast export volumes of wheat and meslin mixture…Details
There is a grey market of flour In Ukraine. If there are nearly 100 kg of flour per year per capita, which is close to the standard, then Ukraine should produce nearly 3.5 million tons of flour products, and taking into account the exports and carry-over stocks, the index should reach nearly 4 million tons.…Details
Squeezed consumer budgets are encouraging a marked shift in the Russian protein market, as beef consumption falls to record lows, while pork gains ever stronger market share, US officials said. The tightness in beef imports, caused by political spats and the weak rouble, is encouraging this trend. And pork producers are having much more success…Details
Aeroflot PJSC announced traffic statistics for Aeroflot Group (“the group”) and Aeroflot – Russian Airlines (“the company”) for August and the first eight months of 2016. In the first eight months of 2016, Aeroflot Group carried 28.7 million passengers, up by 8.9% YoY. Aeroflot airline carried 19 million passengers, up by 10.2% YoY. Group and…Details