National joint-stock company Naftogaz Ukrainy plans to import 1.3-1.4 billion cubic meters (bcm) of gas from Europe in October, Naftogaz Board Chairman Andriy Kobolev has said. “Now we are importing the highest ever volumes of gas from Europe. For example, in October we expect that it would be 1.3-1.4 bcm”, he said. He said that…
DetailsNJSC Naftogaz Ukrainy from November 1, will raise the price of gas for industrial customers on a prepayment basis by 16.3% (by 1,037 UAH) to 7,380 UAH per 1,000 cubic meters (including VAT). According to a company press release, the said price is relevant for consumers buying gas in the amount of more than 50,000…
DetailsAccording to regional agricultural departments, as of October 21, agrarians harvested grains throughout 15.312 million ha, or 99.7% of the planned areas, the Ministry of Agriculture of the Republic of Kazakhstan declared. As of the reporting date, agrarians produced 23.521 million tons of grains, up by nearly 5.5 million tons YoY. The average yield totaled…
DetailsAs of October 1, the registered carry-over stocks of oilseeds in Kazakhstan totaled 562.4 thousand tons, including nearly 72 thousand tons in farming households, the Statistics Committee at the Ministry of National Economy of the Republic of Kazakhstan reported. In particular, sunflower seed stocks totaled 70.6 thousand tons, flaxseed – 243.4 thousand tons, soybeans –…
DetailsAccording to official data, as of October 17, grain crops had been threshed from 15.283 million ha, which was 99.5% of the plan. 23.442 MMT was harvested with the average yield of 1.53 MT/ha. On the same date of 2015, 17.775 MMT of grain had been harvested from 13.973 million ha with the average yield…
DetailsIn January-September NC Food Contract Corporation JSC supplied more than 186 thousand tons of grains to the CIS and non-CIS countries, the press-service of the corporation declared. In particular, the company exported over 82 thousand tons of grains to Iran, nearly 70 thousand tons to China, and over 34 thousand tons to Central Asia. (APK-Inform/Business…
DetailsIn January-August the import volumes of wheat to Azerbaijan totaled 953.6 thousand tons, up by 1.8% YoY, the State Statistical Committee of the Republic of Azerbaijan reported. According to the statistics figures, the general cost of imported wheat to the country totaled nearly $179 million (down by 17.2%). Also, in the reporting period Azerbaijan imported…
DetailsIndustrial production in Ukraine in September grew by 2% YoY, while in September the increase was 3.4% after the decline in July by 0.2% and in June by 3.4%, the State Statistics Service has reported. According to a new formula of data provision, the agency said that industrial production in September adjusted for the effect…
DetailsIn January-September water transport of Ukraine carried 4.8 million tons of cargo (up by 10.6% YoY), says State Statistics Committee of Ukraine. Cargo turnover decreased by 29.1% to 2,931.3 million ton-km. The increase was registered in all transport sectors, except the railway transport (down by 1.4% to 252.9 million ton). All types of transport carried…
DetailsThe Cabinet of Ministers of Ukraine has approved of the conditions of re-tender for the privatization of JSC Odessa Portside Plant. During consideration of the issue on the agenda Prime Minister Volodymyr Groysman said that he considered necessary to check whether there hadn’t been any violations during the formation of the starting price of the…
DetailsDCH Group owner and president Oleksandr Yaroslavsky plans to resume the work of Kharkiv Tractor Plant from the beginning of 2017. “I cannot now voice the exact timing of the resumption of the plant’s operations. We have all the levers for this. We have only to finish all our court cases. I hope next year…
DetailsDomestic market of sunseed was characterized by trading activity last week, raw material was available throughout the country. Average prices increased by 2-3% depending on the region and as of October 14, reached $364/MT. Slight decrease in demand was noted on rapeseed market, which caused the downward price adjustment. Thus, as of October 14, the…
DetailsDecrease in purchasing prices was seen on the domestic market of Bulgaria. Domestic prices for both milling and feed wheat were under the pressure of a huge grain supply on the market. At the same time, export prices for Bulgarian milling wheat with 11.5% protein strengthened by $1 due to high import demand from the…
DetailsAirAsia is considering adding Russia to its list of destinations, the Malaysian low-cost carrier’s founder Tony Fernandes reported. Russia is becoming an increasingly popular tourist destination for Asian tourists, Fernandes said. “My video on Facebook from the Red Square was viewed by 60,000 people in two hours! I got 300 comments, and everyone asked about…
DetailsState enterprise Ukrenergo expects the increase in electricity consumption during the 2016/2017 heating season by 3-4% in comparison with the past season, company acting director Vsevolod Kovalchuk has said. “We foresee 3-4% more than last season. Although the overall volume of the planned power supply for next year is 7 billion kilowatt-hours less than was…
DetailsIn 2015/2016 Ukraine exported 31.58 KMT of cornstarch, up by 35% YoY (23.45 KMT). Indonesia was the key importer, purchasing nearly 200% more Ukrainian cornstarch in 2015/2016 MY YoY. In 2015/2016 Ukrainian exporters shipped about 18 KMT to this country, or 57% of the total cornstarch exports. Share of Russia (largest importer in 2014/2015) decreased…
DetailsAs of October 20, Ukrainian agrarians harvested 49.872 million tons of grains throughout the areas of 11.905 million ha, or 83% of the plan. The average yield totaled 4.19 ton/ha, the Ministry of Agrarian Policy and Food of Ukraine reported. At the same time, on the same date last year the production volumes reached 51.2…
DetailsSince the beginning of 2016/2017 MY Ukraine exported 12.437 million tons of grains, the Ministry of Agrarian Policy and Food of Ukraine declared, referring to the State Fiscal Service of Ukraine. In particular, wheat exports totaled 7.822 million tons, corn – 1.142 million tons, and barley – 3.426 million tons. Also, wheat flour exports reached…
DetailsLast week competition on Ukrainian sunflower seed market became tougher between buyers causing price growth. Market is still supported by rains, which delayed harvesting and decreased sunflower supply on domestic market. Moreover, rains had a negative impact on sunflower seed quality. This gives oil extraction plants a reason to cut the prices on average by…
DetailsThe 2015/2016 marketing year was quite successful for Ukraine in markets of sunflower seed and its processed products. All-time high sunseed production at 11760 KMT was the key to such a success. Favorable agro-meteorological conditions allowed obtaining the best result on close to record planted area, owing to minimal losses and high productivity. High sunflower…
DetailsAccording to the official statistics figures, in September Ukraine imported 4.5 thousand tons of rye, including 90% of the grain of Belarusian origin. In March-July Ukraine purchased Belarusian rye at rather large-scale cargo lots (2.2-5.3 thousand tons per month), but in July-August the country bought small-scale shipments of rye from the EU (379 tons only).…
DetailsIn September Ukraine exported 13.7 KMT of soybean oil, which is record high for this month. In September 2015 exports equaled 9.7 KMT, and in August 2016 – 10.3 KMT. Soybean oil exports continue to increase from season to season. In September large volumes were shipped to Poland (over 30% of total exports), Iran (21%)…
DetailsIn the current year, Ukraine has already filled all major quotas for duty-free exports of agricultural products to the European Union, except for meat products, the Director of the department of international cooperation at the Ministry of Agrarian Policy and Food of Ukraine Alexander Romanovsky declared. According to him, Ukraine has already settled the quotas…
DetailsUkraine’s biggest pharmaceutical company Indar plans to build a medicine plant in Azerbaijan, Ukrainian Ambassador to Azerbaijan Alexander Mishchenko said.
He made the remarks on October 20,during a tourism forum in Baku.
Mishchenko noted that the company was in negotiations in Azerbaijan and the share in the enterprise would be divided 50-50. (Trend/Business World Magazine)
Profit of state-run Oschadbank (Kyiv) in January-September totaled 410.7 million UAH, while the bank saw 5.4 billion UAH loss a year ago, the bank has said in a press release. Operating income over the period exceeded 7 billion UAH, including almost 5 billion UAH of net interest income and 1.5 billion UAH of net fee…
DetailsUkraine’s Pivdenne (Yuzhnoye) Design Bureau is stepping up the international military and technical cooperation and together with a foreign partner is developing a new short-range anti-aircraft artillery complex in the interests of the Armed Forces of Ukraine. The new weapons are intended to replace Soviet anti-aircraft systems such as ZSU-23-4 Shilka self-propelled radar guided anti-aircraft…
DetailsLast week prices kept growing on Ukrainian export market of milling wheat. Increased demand from major importers was the main driver for price strengthening. Traders also raised their demand prices for milling wheat on the domestic market. CPT- port prices strengthened by nearly 50 UAH last week. Traders feel need of 3rd grade wheat, having…
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