On December 1-8, CBOT corn prices gained 4.46%. On the spot market US corn export prices recovered to the previous week’s level. Brazilian corn prices increased on average by $7/MT, while Argentinean corn prices rose by $4/MT. CBOT futures were supported by the following factors: positive data on ethanol production in the USA and lack…
DetailsIn the current season (2016/2017) strong rapeseed demand from European countries due to a poor harvest has provoked a substantial decline in rapeseed crushing in Ukraine, Julia Garkavenko, chief oilseeds market expert of UkrAgroConsult notes. According to calculations, Ukrainian fat-and-oil companies processed about 200 KMT of rapeseed in July-November against 300 KMT at the same…
DetailsBulgaria’s 2016/2017 rapeseed planted acreage was reduced by 2.3% to 170 thousand ha that is somewhat below its long-term average. Favorable weather conditions allowed farmers to get a record rapeseed yield in 2016/2017. The total rapeseed crop consequently hit 493.1 KMT in 2016/2017, i. e. exceeded the most optimistic expectations. Overall, the first months of…
DetailsAccording to the National Energy Regulatory Agency, on December 12, the requests by RED Union Fenosa and Gas Natural Fenosa Furnizare Energie to raise the electricity tariffs were posted on the ANRE official web site as Law No 107 dated May 27, on electricity requires and the civil community has been given 15 days since…
DetailsOn December 20, Air Manas will carry out its first flight from the Bishkek’s Manas International Airport to the airport in Zhukovsky, Russia. The Zhukovsky Airport, or the Ramenskoye Airport, is located in the town of Zhukovsky, 3 km to the south-west from the railway platform “42 km”, and 36 km (public roads) from the…
DetailsIn the current season of 2016/2017 Ukraine’s grain market has faced a shortage of rolling stock for transporting grain freights. However, while the transport shortage was previously associated with a lack of railcars, the availability of trucks has also become an acute problem now. The logistical difficulties in Ukraine have already caused changes in the…
DetailsIn January-October the industrial output shrank by 0.6% YoY. According to the National Bureau of Statistics, in October it contracted by 2.2% YoY. In January-October the output decreased by 16.5% in the mining industry and grew by 0.7% in the processing one. The food industry reported the decrease by 0.6% YoY. In particular, the output…
DetailsUkrainian company Sixa, which has developed an application for access to a high-performance virtual computer in the “cloud,” has raised $3.5 million from U.S.-based Tandem Capital fund, as well as the investment companies Horizon Capital and Digital Future. “Sixa is a very valuable company for Digital Future’s portfolio. Fight among investors for the opportunity to…
DetailsUkrainian Prime Minister Volodymyr Groysman has said that natural gas production in the country could expand to 500 million cubic meters in 2017. “This year we increased own production to 50 million cubic meters of gas. Next year we expect the increase it to 500 million. I think that by 2020 we would be able…
DetailsUkraine’s seaports handled 4.22 MMT of vegoils in January-November, up by 16.9% YoY (3.61 MMT). The greatest handling volumes were accounted for by the following ports: Mykolaiv (1.78 MMT), Chornomorsk (1.19 MMT), Yuzhny (0.94 MMT), Odessa (0.11 MMT) and Mariupol (0.07 MMT). Ukraine’s ports handled 34.986 MMT of grains in January-November, up by 6.3% YoY…
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