Official rates of banking metals from national bank as of April 16
One troy ounce=31.10 grams
Astarta agricultural holding, major sugar producer in Ukraine, increased its sugar sales by 44% in January-March 2020 compared to the same period in 2019, to 77,560 tonnes, the company said at the Warsaw Stock Exchange on Tuesday, April 14.
According to the data, sales of wheat for the indicated period decreased by 68%, to 3,400 tonnes, corn by 17%, to 236,000 tonnes, sunflower oil by 99%, to 69 tonnes, soybean oil by 22%, to 11,140 tonnes, milk by 9%, to 23,640 tonnes.
Sales of soybean meal last year remained at the level of 2019 and were 46,860 tonnes.
According to the agricultural holding, average prices for sugar during the period decreased by 1%, wheat by 22%, corn by 6%, sunflower by 7%, soybean meal by 14%.
Average prices for milk increased by 9%, soybean oil by 1%.
Astarta is a vertically integrated agroindustrial holding operating in eight regions of Ukraine.
DTEK energy holding intends to implement a pilot project to construct the Energy Storage system at Zaporizhia thermal power plant (TPP) by the end of 2020, DTEK CEO Maksym Tymchenko has said.
“Now, we have actually started the pilot project on energy storage at Zaporizhia TPP. Even despite of the current crisis, we believe that this is a very important direction. I hope that this project will be implemented by the end of the year and we will develop energy storage technologies,” he said during an online briefing on Wednesday.
Tymchenko said that containerized solutions for gas power generation based on DTEK’s TPPs are also being considered, which will be able to meet the needs of balancing.
JKX Oil & Gas with assets in Ukraine and Russia in the first quarter of 2020 increased its average daily hydrocarbon production by 11% compared to the same period last year, to 10,996 barrels of oil equivalent per day (boepd), the company said on the London Stock Exchange’s website.
Thus, the average daily production in Ukraine increased by 7%, to 5,361 boepd, including gas production increased by 1%, to 715,000 cubic meters per day (Mcmd), oil and condensate by 38%, to 1,155 boepd. The average daily hydrocarbon production in the Russian Federation increased by 16% and amounted to 5,635 boepd. In particular, the average daily gas production for the reporting period is 946,000 cubic meters per day (16% more), condensate some 65 boepd (15% more).
The report says that well No. 143 was commissioned in the Ihnativske field in Ukraine in the first half of March. Its production rate is currently 157 barrels of oil per day (bopd) and 65,000 cubic meters of gas per day.
The average selling price of gas in Ukraine in January-March was $150 per 1,000 cubic meters, which is 44% less than a year earlier ($269), oil some $49 per barrel (17% less).
The company’s cash and cash equivalents as of March 31, 2020 were equal to $14.2 million (as of December 31 some $20.6 million). In addition, JKX had $2.4 million worth of oil and gas reserves ($4.1 million as of December 31).
Ukraine’s life insurance companies in 2019 collected UAH 4.624 billion of gross insurance premiums, which is 18.4% more than a year earlier.
According to the report on the website of the National Commission for the State Regulation of Financial Services Markets, 97.1% of the total insurance premiums came from individuals, 2.9% from legal entities.
As of December 31, 2019, the number of insured individuals increased by 14.7%, to 5.133 million.
During this period, life companies paid customers UAH 575.9 million, which is 18.3% less than in 2018.
The value of changes in life insurance reserves amounted to UAH 1.017 billion, which is UAH 1.4 million less than a year earlier. The regulator also notes that the bulk of the change in life insurance reserves is formed under other accumulative insurance contracts, namely, UAH 898.9 million.
In 2019, seven life insurance companies received a negative value of increase in life insurance reserves for a total of UAH 76.10 million, which is associated with the early termination of insurance contracts.
The increase in life insurance reserves amounted to UAH 1.093 billion. The largest increase in insurance reserves (more than UAH 100 million) was declared by four life insurance companies in the amount of UAH 574.3 million, UAH 169.6 million, UAH 146.4 million and UAH 122.3 million, respectively.
According to the commission, the number of life insurance companies in Ukraine at the end of 2019 decreased to 23.
The number of cattle in Ukraine as of April 1, 2020 amounted to 3.37 million animals, which is 7.2% less than on the same date in 2019.
According to the State Statistics Service, the number of cows by that date decreased by 6.5%, to 1.78 million animals. The number of pigs decreased by 6.2%, to 5.79 million animals, the number of sheep and goats by 5.6%, to 1.39 million.
The number of poultry in the country decreased by 2% compared to April 1, 2019, to 200.6 million birds.
According to preliminary data from the State Statistics Service, the cattle stock in Ukraine in 2019 amounted to 3.12 million animals, which is 6.5% less than in 2018. The number of pigs decreased by 4.9%, to 5.73 million animals, sheep and goats by 4.8%, to 1.21 million, poultry grew by 4.2%, to 220.46 million birds.
