Procurement prices of pork in live weight grew by 3% on a weekly basis, according to the Association of Ukrainian Pig Breeders. Since the beginning of current month, they have grown by UAH 1-2 per kg, to UAH 48.5-51 per kg, it said. Amid the growth, some meat-processing plants were forced to reduce purchases or…Details
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The international ratings agency Fitch Agency has downgraded Azerbaijani AccessBank’s Long-Term Issuer Default Rating (IDR) to “BB-” from “BB+”, says the agency’s report. At the same time, the agency has affirmed the bank’s Viability Rating (VR) at “f”. According to Fitch experts, the bank’s shareholders provided $20 million of equity in March and were committed…Details
Ukraine’s state-owned Ukroboronprom concern is presenting the defense military complex products at the 25th international arms exhibition MSPO 2017, taking place in Kielce, Poland, from September 5 through September 8. According to Ukroboronprom, Ukraine at the expo showcases high-precision weapons, including anti-tank missile systems supplied to Ukraine’s army and available for exports. In addition, the…Details
Since the beginning of 2017-2018 MY, and as of September 1, Ukraine exported over 7.07 million tons of grains, the State Service of Ukraine for Food Safety and Consumer Protection (SSUFSCP) declared. In particular, the export volumes of Ukrainian wheat totaled 3.7 million tons, barley – over 2 million tons, and corn – 1.1 million…Details
President of Uzbekistan Shavkat Mirziyoyev spoke about economic opportunities in the relations between the two countries at a meeting with the Prime Minister of Kyrgyzstan Sapar Isakov. He said that Uzbekistan was ready to assemble cars in the Kyrgyz Republic and import its fabrics. Shavkat Mirziyoyev recalled that in the near future the parties planned…Details
Ovostar Union, a leading shell egg producer in Ukraine, has received a permission to export the shell eggs of class A (table eggs) to the European Union effective from September 12. According to a report on the company’s website, the company is planning to start first deliveries in October. According to the EU materials, the…Details
Bearish price trends persisted on the Ukrainian milling wheat market last week. Average export prices for 12.5%- protein milling wheat closed the week down by another $1-2/MT FOB for September-October delivery. Prices for wheat with 11.5% protein content remained within the last week’s range for September-October delivery. Export prices for feed wheat closed the week…Details