On October 5, the National Mercantile Exchange CJSC (NAMEX) held the regular stock exchange trading within frames of public grain purchasing interventions in the regional trading platforms of Russia, and purchased 48.195 thousand tons of grains (from the proposed volume of 54 thousand tons) valued at 450.181 million RUR, the press-service of NAMEX declared. In…
DetailsNibulon, one of Ukraine’s largest agricultural enterprises based in Mykolayiv, has embarked upon construction of its second terminal for transshipping cereal and oilseed crops onto sea and river transport in Kherson region. The new terminal will be located in Hola Prystan and it will join the one in Kozatske, Beryslav district, Kherson region. After commissioning…
DetailsTrade mission of Kazakh producers was held in Teheran during which negotiations with potential Iranian customers were conducted. The countries signed the Road map on trade, economical and investment cooperation in different spheres of industry and agriculture. It should be noted that currently 160 joint Kazakh – Iranian companies are already working in Kazakhstan. Iranian…
DetailsIn July Kazakhstan exported 11% more flour than in July 2015 (141.3 KMT against 126.8 KMT). Over 11 months of 2015/2016 Kazakhstan increased flour exports by 29% YoY. Afghanistan imported record high volume of Kazakh flour during the period in view – 1096 KMT. Last time Afghanistan imported such large volumes of flour in 2009/2010.…
DetailsIn 2015/2016 MY the processing volumes of sunflower seed in Ukraine broke a record and reached 11.7 million tons, up by 11% YoY. Taking into account the fact that last season the general processing capacities in the country totaled 16 million tons per year, in 2015/2016 MY the average loading rate of oilseed processing enterprises…
DetailsIn 2015/2016 MY, Ukraine received 48 notifications about qualitative characteristics of exported grains, which break a record, the chief specialist of the Phytosanitary security department at the State Service of Ukraine on Food Safety and Consumer Protection Elena Shakina declared. According to her, 35 notifications came from the quarantine service in Indonesia. At the same…
DetailsIMF forecasts of Russia’s GDP have improved immensely since spring of 2016. The IMF has repeatedly improved its forecast for Russia’s GDP dynamics. Now it expects Russia’s GDP to decline by 0.8% in 2016 and to grow by 1.1% in 2017, according to the IMF’s Global Financial Stability Report. In July, in its regular annual…
DetailsThe International Monetary Fund (IMF) forecasts Ukraine’s GDP at the level of 2.5% in 2017, according to the IMF’s World Economic Outlook. In particular, according to the table with data on CIS countries, Ukraine’s real GDP totaled minus 9.9% in 2015, while in 2016 it is estimated at 1.5%, and is projected at 2.5% in…
DetailsHeineken United Breweries will suspend production at PIT Company, its affiliate in the Russian city of Kaliningrad, from January 1, 2017 to maintain efficiency, the company said in a statement. PIT Company’s production will be redistributed among other Heineken companies, but some of its area will be used as storage. “The company has made the…
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