The state-owned OAO Belaruskali increased solid alkali output to meet the growing consumer demand for this product, a company representative reported. Solid alkali is manufactured at Belaruskali’s electromembrane process factory, which resumed operation in late October. Belaruskali has started supplying solid alkali in 25-kilo bags. The product is shipped to customers in Belarus, Russia and…Details
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Belarusian producer prices in October increased by 0.3% MoM (up by 8.1% compared to the level of December 2015), the National Statistical Committee (Belstat) reported. Construction prices grew by 0.5% MoM (up by 3.4% compared to the level of December 2015). Freight tariffs (all means of transportation) reduced by 0.5% MoM but increased by 4.5%…Details
President of Turkmenistan Gurbanguly Berdimuhamedov urged to complete the cotton harvest in the country, the Turkmen government said in a message. In this regard, the Turkmen president instructed to keep the course of agricultural work under constant control in order to speed up the harvesting of the remaining part of raw cotton, as well as…Details
Market participants are closely watching winter crop condition is Ukraine. Late planting, a substantial temperature drop in November preceded by drought have added to the risk of crop loss while wintering. The first forecasts have appeared, suggesting that over 15% of winter crops will be reseeded in spring. This is a rather pessimistic scenario, as…Details
Kazakh National Bank will issue a commemorative banknote with Kazakh President Nursultan Nazarbayev, said the message from the bank. The 10,000-tenge banknote will be issued by the Day of the First President on December 1. “The history of Kazakhstan’s Independence is inextricably linked with the personality of the head of state”, National Bank’s head Daniyar…Details
Inflation in Kazakhstan will remain within the target range of 6-8% in 2017 and will begin to smoothly enter into the corridor of 5-7% in 2018 on the baseline scenario, Kazakh Economy ministry says in its forecast. The baseline scenario envisages Brent oil price at $40 per barrel. “Inflation will slow down as a result…Details
In January-September the foreign trade deficit in goods in Ukraine totaled $1.761 billion against $710.2 million of the proficit in the same period last year, the State Statistics Service of Ukraine reported. In particular, in January-September the exports of commodities from Ukraine totaled $25.875 billion, down by 8.7% YoY. The import volumes of goods to…Details