Belarus: potash exports to Poland up in H1 2016

Belarusian Potash Company (BPC) shipped 69,288 tons of potash fertilizers to Poland in January-June, up by 43% YoY. Potash export proceeds from Poland-bound shipments grew by 30% YoY, to $32.6 million. Established in September 2013, Belarus Potash Company (BPC) has regional dealerships in Delhi, Beijing, Singapore and Sao Paulo. BPC facilitates potash exports to Europe,…

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Russia: mandatory disposal of sanction foods extended until the end of 2017

The government of Russia prolonged the period for mandatory disposal of the foodstuffs under counter-sanctions which were illegally imported to the territory of the Russian Federation, until December 31, 2017. The Prime Minister of the Russian Federation Dmitry Medvedev signed the corresponding decree on August 10. According to the document, the Federal Service for Veterinary…

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Russia: milling wheat prices up

Upward trend in wheat prices continues in Russian market. During last week milling wheat (12.5%) prices in Novorossiysk and Azov ports increased by $3-4 to $170-174/MT FOB and $150-154/MT FOB respectively for August and September delivery. Export prices for high protein wheat are still supported by lower supply, both on the global and domestic Russian…

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Ukraine to reach record grain exports

The estimated volume of Ukrainian grain exports in the new marketing year can break the record of the previous year and reach about 41 million tons. President of the Ukrainian Grain Association Volodymyr Klymenko said this at a briefing. “The overall grain production is 63.5 million tons now. 41 million tons will be exported. We…

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Ukraine opens new market for sunflower oil

On August 5, authorized representatives of Ukraine and Indonesia signed a memorandum on cooperation between the agricultural ministries of the two countries. At this stage, a free trade zone is being discussed. Mutual interest in cooperation is expected to trigger increase in export-import flows of crop products. In this segment Asian countries are traditionally considered…

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