In the first half of 2023, DTEK Renewables reduced its gross revenue by 5.2% compared to the same period in 2022 to UAH 1.787 billion, which happened in the absence of generation at the temporarily occupied wind farms and the crisis of non-payment for renewable energy.
As noted in the company’s report published on the Irish Stock Exchange on Friday, the level of payments to renewable energy companies in Ukraine for the period February-August is in the range of 42-52%, which is significantly lower than expected.
The company clarified that the nominal debt of SE Guaranteed Buyer to it for the sold electricity as of June 30, 2023 amounted to UAH 2.57 billion against UAH 1.53 billion at the beginning of the year.
At the same time, DTEK Renewables received UAH 179 million of net profit in the first half of 2023 against UAH 18 billion of loss in the same period of 2022 due to the absence of impairment charges on non-current assets in the amount of UAH 17.36 billion last year.
“The loss in the first half of 2022 was caused by the accrual of expenses in connection with the occupation of some of DTEK Renewables’ power plants, revision of plans for the construction of Tiligulska wind farm and economic depreciation due to the deteriorating economic situation,” the company said.
At the same time, exchange rate differences in financial and investment activities in January-June this year turned out to be negative for DTEK Renewables – UAH 285 million, while in January-June 2022 they were recorded plus UAH 300 million.
The amount of debt for the reporting period decreased from UAH 21.57 billion to UAH 20.31 billion, and the amount of free cash increased from UAH 3.44 billion to UAH 4.69 billion.
It is noted that during the reporting period, solar power plants increased electricity output due to more favorable weather conditions, a decrease in dispatch restrictions in the face of electricity shortages, and a decrease in the level of imbalances. It is specified that sales of SPPs were four times higher than sales of wind farms.
It is also indicated that in early spring, DTEK Renewables commissioned 19 wind turbines at Tiligulska WEP with a total capacity of 114 MW.
The ports of the Greater Odesa Ports have received three more bulk carriers that have passed through the temporary corridor established by the Ukrainian Navy, said Andriy Klym, Head of the Sanctions and Freedom of Navigation Monitoring Group of the Black Sea Strategic Studies Institute.
According to him, the vessels in question are Peter S (Greek shipowner), Xin Shun (Chinese shipowner) and Bull (Singaporean shipowner).
According to MarineTraffic, the 71.6 thousand dwt Peter S was heading to the Chornomorsk port under the flag of Liberia, and the 75.8 thousand dwt Xin Shun was heading to the Pivdennyi port under the flag of Panama.
Falcona with a deadweight of 82 thousand tons, according to the resource, arrived at the port of Odesa under the flag of Liberia.
Earlier on Thursday, two bulk carriers left the ports of Greater Odesa with cargo: Beaver with a deadweight of 81.8 thousand tons under the flag of Liberia (shipowner: Marshall Islands) and Castor with 78.9 thousand tons under the flag of Liberia (shipowner: Liberia).
As reported, since September 16, 23 vessels with a total deadweight of 898.3 thousand tons have arrived at the ports of Greater Odesa via the new Ukrainian corridor, while 14 vessels with a total deadweight of 466.9 thousand tons have left.
In January-September of this year, ferrous scrap enterprises reduced the supply of scrap to Ukrainian metallurgical enterprises by 7% compared to the same period last year – to 703 thousand tons from 755.5 thousand tons, and by 72.2% compared to the first nine months of 2021 (2.530 million tons).
As reported in the operational information of the Ukrainian Association of Secondary Metals (UAVtormet) on Friday, the procurement of scrap metal for the first nine months of 2023 increased by 5.8% compared to the same period last year – up to 878 thousand tons.
At the same time, exports of scrap metal for the period amounted to 131.1 thousand tons compared to 35.2 thousand tons in January-September 2022 (an increase of 3.7 times). At the same time, imports of scrap amounted to 0.8 thousand tons, while in the first nine months of 2022 it amounted to 1.6 thousand tons.
As of October 1, 2023, the level of scrap stocks at Ukrainian steelmakers was estimated at 25-30 thousand tons.
As reported, in 2022, Ukraine reduced scrap procurement by 75.9% compared to 2021, to 996.7 thousand tons from 4.136 million tons. Last year, scrap exports amounted to 53.6 thousand tons, which is 11.5 times less than in the previous year (615.7 thousand tons). At the same time, scrap imports amounted to 1.8 thousand tons (in 2021 – 23 thousand tons).
In 2022, scrap supplies to the country’s steelmaking companies decreased by 73% compared to 2021, to 895.7 thousand tons from 3 million 323.4 thousand tons.
“UAVtormet forecasts ferrous scrap procurement of 1.25-1.3 million tons in 2023. In addition, it is expected that scrap supplies to the country’s steelmakers will amount to 1-1.05 million tons. Exports of scrap metal are expected to reach 180-200 thousand tons, while imports are expected to reach 0.8-1.2 thousand tons. Steel production is expected to reach 5.6-5.8 million tons.
On October 13, Ukraine launched the sale of narcotic (psychotropic) drugs exclusively by electronic prescription instead of prescription forms, the Ministry of Health reminds.
“In order to improve control over compliance with the rules of circulation, prescription and prescription of narcotic drugs, which were previously sold on the basis of prescription form No. 3, the sale of narcotic (psychotropic) drugs in pharmacies will be carried out exclusively on the basis of an electronic prescription,” the Ministry reminds.
The Ministry of Health clarifies that exceptions to the prescription of narcotic (psychotropic) drugs by paper prescription will apply only to narcotic drugs manufactured in a pharmacy, as well as in case of a technical failure in the central database of the system, which makes it impossible to issue electronic prescriptions.
In addition, a paper prescription will be used in case of prescribing such drugs in the temporarily occupied territories and territories of active hostilities.
The prescription of narcotic (psychotropic) drugs, partial or full cost of which is reimbursed under local budget programs, will also be carried out exclusively by electronic prescription.
“The adopted changes are intended to prevent uncontrolled circulation of narcotic and psychotropic drugs and improve patients’ access to painkillers using digital tools,” the Ministry of Health notes.
Agrarians in all regions of Ukraine harvested 52.5 mln tons of grains and oilseeds, including 35.597 mln tons of grains and 16.883 mln tons of oilseeds, the press service of the Ministry of Agrarian Policy and Food reports.
According to the report, grain and leguminous crops were harvested on an area of 7737.9 thousand hectares with a yield of 46.0 c/ha.
To date, Ukraine has harvested barley on 1505 thousand hectares (101% of the plan), from which 5.863 million tons were harvested; wheat – from 4695 thousand hectares (101%) 22.210 million tons were harvested; corn – from 884.4 thousand hectares (22%) 5.8 million tons; corn – from 884.4 thousand hectares (22%) 5.8 million tons. hectares (22%) 5.846 million tons; peas – from 154.4 thousand hectares (103%) 396.8 thousand tons were harvested; millet – from 72 thousand hectares (86%) 162.4 thousand tons were harvested; buckwheat – from 127.7 thousand hectares (90%) 188.8 thousand tons were harvested.
In addition, other grains and pulses were harvested in the amount of 929 thou tons from 300.5 thou hectares.
Ukraine continues to harvest oilseeds, in particular, 4.005 mln tons of rapeseed (4.005 mln tons a week earlier) from the area of 1.396 mln hectares (98%), 9.042 mln tons of sunflower (7.308 mln tons a week earlier) from the area of 3.898 mln hectares (77%), and 3.776 mln tons of soybeans (2.205 mln tons) from 1.466 mln hectares (81%).
Sugar beet was harvested from 96.4 thou hectares (68.4 thou hectares a week earlier), which is 39% of the planned area. The harvest amounted to 4.602 mln tons. Vinnytsia region farmers are the leaders in sugar beet harvesting – 1 479.8 thsd tonnes.
The Ministry of Agrarian Policy is monitoring information on the yields of all crops as it revises its forecast. Thus, the yields of wheat, barley, peas and millet are in line with last week’s figures – 47.3 c/ha, 39 c/ha, 25.7 c/ha and 22.6 c/ha, while buckwheat yields increased to 14.8 c/ha, compared to 14.2 c/ha the previous week. Corn yields 66.1 c/ha compared to 62.5 c/ha last week. Rapeseed yields remained unchanged at 28.7 c/ha, soybean yields slightly increased to 25.8 c/ha, respectively, and sunflower yields 23.2 c/ha, compared to 23.0 c/ha a week earlier. The yield of sugar beet increased to 477.4 c/ha.
As reported, this season’s winter wheat plantings amounted to 4166 thou hectares (-834 thou hectares compared to the previous season), winter barley – 536 thou hectares (-255 thou hectares), and rapeseed – 1374 thou hectares (+110 thou hectares).
According to the adjusted forecast of the Ministry of Agrarian Policy, in 2023, farmers will be able to harvest 79.1 mln tons of grains and oilseeds, including the following volumes: wheat – 21.7 mln tons, barley – 5.7 mln tons and corn – 28.5 mln tons. Gross production of oilseeds will reach 21.6 million tons, including 13 million tons of sunflower, 4 million tons of rapeseed, and 4.6 million tons of soybeans. The sugar beet harvest is forecast at 13.7 million tons.
As reported, in the early spring of 2023, the total gross harvest for the current year was forecast at 63.5 million tons, or 13% less than in 2022. In June, after the start of the harvest, the forecast was raised to 68 million tons, or 7% less. In early September, due to favorable weather conditions, the forecast was revised upward to 76.7 million tons.
Die Ölpreise steigen am Freitag und beenden die Woche aufgrund der eskalierenden Situation im Nahen Osten im Plus.
Der Preis für Dezember-Futures der Sorte Brent an der Londoner ICE-Futures-Börse lag am Freitag um 8.10 Uhr bei 86,65 $ pro Barrel und damit um 0,65 $ (0,76 %) höher als zum Ende der vorangegangenen Sitzung. Am Donnerstag war der Preis für diese Kontrakte um $ 0,18 (0,2 %) auf $ 86 pro Barrel gestiegen.
Die November-Futures für WTI im elektronischen Handel an der New York Mercantile Exchange (NYMEX) stiegen bis zu diesem Zeitpunkt um $ 0,79 (0,95 %) auf $ 83,7 je Barrel. Im vorangegangenen Handel sank der Wert dieser Kontrakte um $ 0,58 (0,7 %) auf $ 82,91 pro Barrel.
Seit Beginn dieser Woche ist der Preis für Brent um 2,4 % und für WTI um mehr als 1 % gestiegen, was auf die Befürchtung zurückzuführen ist, dass die Lieferungen aus dem Nahen Osten zurückgehen könnten, da der Konflikt in der Region nach dem Angriff der Hamas auf Israel eskaliert.
Daten über einen starken Anstieg der US-Öllagerbestände und Rekordfördermengen führten am Donnerstag zu einem Rückgang des WTI-Preises. Die geopolitischen Risiken sowie die Prognosen über das Wachstum der weltweiten Ölnachfrage stützen den Markt jedoch weiterhin.
“Der Konflikt im Nahen Osten wird den Ölmarkt so lange beunruhigen, wie die Welt auf Erdölprodukte angewiesen ist”, sagte Tyler Ritchie, Herausgeber von Sevens Report Research.
“Solange es keinen Waffenstillstand gibt, was hoffentlich bald der Fall sein wird, wird der Aufwärtsdruck auf den Ölmarkt anhalten”, so der Market Watch Experte.
Wie das US-Energieministerium am Donnerstag mitteilte, stiegen die kommerziellen Ölvorräte in den USA in der Woche zum 6. Oktober um 10,18 Millionen Barrel. Die Ölproduktion des Landes stieg in der vergangenen Woche um 300 Tausend Barrel pro Tag (bpd) auf einen Rekordwert von 13,2 Millionen bpd.
Am 12. Oktober revidierte die Internationale Energieagentur (IEA) ihre Prognose für die weltweite Ölnachfrage im Jahr 2023 nach oben und erwartet nun einen Anstieg um 2,254 Millionen Barrel pro Tag (bpd) und nicht mehr wie zuvor gemeldet um 2,243 Millionen bpd.
Die OPEC ihrerseits prognostiziert einen Anstieg der Ölnachfrage um 2,44 Millionen Barrel pro Tag im Jahr 2023 und 2,25 Millionen Barrel pro Tag im Jahr 2024.
