Business news from Ukraine

Business news from Ukraine

UKRAINE REDUCES IMPORTS OF MANGANESE ORES BY MORE THAN HALF IN 2020

Ukraine, in January-October this year, reduced imports of manganese ore and concentrate in physical terms by 53.1% compared to the same period last year – to 481.409 tonnes.
According to statistics released by the State Customs Service, imports of manganese ore and concentrate decreased by 64.5% over the period – to $65.085 million in monetary terms.
At the same time, the main imports were carried out from Ghana (86.79% of supplies in monetary terms), the Russian Federation (9.72%) and South Africa (3.39%).
In January-October 2020, Ukraine exported 47,342 tonnes of manganese ore and concentrate for $7.152 million, while in the same period last year – 27.026 tonnes for $2.587 million. Exports and re-exports were carried out to the United States (81.89% of supplies), the Czech Republic (15.51%) and Hungary (1.76%).

, ,

UKRAINE INCREASES IMPORTS OF NICKEL ORES BY 21.6%

Ukraine, in January-October this year, increased imports of nickel ores and concentrate in physical terms by 21.6% compared to the same period last year – up to 1,325,721 tonnes.
According to statistics released by the State Customs Service, imports of nickel ores increased by 19.7% – to $65.184 million in monetary terms.
At the same time, the import was carried out from Guatemala (65.17% of supplies in monetary terms) and Indonesia (34.83%).
In January-October-2020, Ukraine did not export or re-export these products, while in the same period of 2019 it supplied 7,999 tonnes of nickel ores to Greece in the amount of $312,000.

, ,

UKRAINE INCREASES IMPORT OF ALUMINUM ORES BY 6.2%

Ukraine, in January-October this year, increased imports of aluminum ores and concentrate (bauxite) in physical terms by 6.2% compared to the same period last year – up to 4.03 million tonnes.
According to statistics released by the State Customs Service, during this period, the import of bauxite in monetary terms increased by 5% – to $190.937 million.
At the same time, imports were carried out mainly from Guinea (62.49% of supplies in monetary terms), Brazil (14.69%) and Ghana (14.30%).
In January-October 2020, 184 tonnes of bauxite for $29,000 were re-exported to Poland, while in 10 months of 2019, 22 tonnes were supplied to this country for $1,000.

OFFICIAL RATES OF BANKING METALS FROM NATIONAL BANK AS OF NOVEMBER 10

Official rates of banking metals from national bank as of November 10

One troy ounce=31.10 grams

,

NATIONAL BANK OF UKRAINE’S OFFICIAL RATES AS OF 10/11/20

National bank of Ukraine’s official rates as of 10/11/20

Source: National Bank of Ukraine

UKRAINE PRODUCES ALMOST 600,000 TONNES OF SUGAR BY NOV 9 – UKRTSUKOR

Sugar production in Ukraine as of November 9, 2020 amounted to 594,600 tonnes.
According to the website of the National Association of Sugar Producers Ukrtsukor, as of the indicated date, 30 sugar refineries operate in the country, which refined 4.03 million tonnes of sugar beet.
As it was reported with reference to Ukrtsukor, the sugar beet refining season started in the country on September 5.
Sugar production in Ukraine in 2020 is expected at the level of 1.2 million tonnes, which is 15% less than a year earlier. It is expected that 33 sugar refineries will operate this season – at the level of the previous year.
According to the State Statistics Service, the sowing area of sugar beet amounted to 218,900 hectares in 2020 – at the level of the previous year.

,