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
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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
The number of registered unemployed people in Ukraine grew by 100,000 YoY and reached 1.8 million. Acting Chairman of the State Employment Service Valeriy Yaroshenko said this at a press conference on Tuesday. “In the first quarter of 2016, the number of unemployed totaled almost 1 million 800 thousand people. Compared to the previous year,…Details
Russia was ranked first in a list of commodity-based economies by foreign investment diversification, according to an analytical survey conducted by the Financial Times. According to the survey covering the period from 2003 till 2015, Russia raised investments in more than 4,000 new initiatives across 39 analyzed sectors. Financial services, industrial machinery, food, tobacco and…Details
Russia’s state-controlled gas company Gazprom announced in its quarterly report that it has given up licenses for exploration and development of the Sariqamish and Western Shohambari gas fields in Tajikistan. The report, in particular, notes that the central commission for mineral development and license movement management has decided to give up the licenses in connection…Details