European stock indexes are predominantly lower during trading on Wednesday, with the exception of the French indicator.
Investors evaluated the latest inflation statistics and financial performance of companies in the region.
The composite index of the largest enterprises in Europe Stoxx Europe 600 as of 12:04 pm fell by 0.23% to 398.91 points.
German DAX loses 0.2%, British FTSE 100 – 0.35%, Italian FTSE MIB – 0.25%, Spanish IBEX 35 – 0.81%. Meanwhile, the French CAC 40 is up 0.04%.
Consumer prices in the eurozone in September increased by 9.9% in annual terms, according to the final data of the Statistical Office of the European Union.
The figure has been revised down from the previously announced 10%. Analysts did not expect a revision, writes Trading Economics. Inflation, despite a downward revision, is still a record high since the start of the data calculation.
The pace of consumer price recovery in the bloc accelerated from 9.1% in August.
Consumer prices in the UK jumped 10.1% year-on-year in September, according to data from the National Statistics Office (ONS) of the country.
Thus, the indicator returned to the July value, which became the highest in 40 years. Inflation accelerated compared to August, when it was 9.9%.
Analysts polled by Bloomberg, on average, expected a 10% increase in domestic consumer prices last month, as did respondents from Trading Economics.
Shares of Sartorius AG Pfd are among the drop leaders among the components of the Stoxx Europe 600 index. (-14%), supplying solutions for biopharmaceutical research.
Just Eat Takeaway.com is up 0.6% in Amsterdam trading. The Dutch food delivery service reduced the number of orders in the third quarter of 2022 by 11%. Just Eat Takeaway.com said in a report that it recorded positive adjusted EBITDA in the third quarter, returning to profitable levels ahead of schedule.
The Netherlands-based ASML Holding NV, Europe’s largest manufacturer of equipment for the production of chips, in the third quarter of 2022 received a net profit above market expectations. ASML shares are up 6.8%.
Shares of the Swiss Nestle are growing by 0.2%. The largest manufacturer of food and non-alcoholic beverages in the world increased its revenue in January-September by 9.2% and improved its forecast for the current year.
Kokhavinskaya paper mill (KBF, Lviv region), which produces sanitary and hygienic paper products (TM “Kokhavinka”), in January-September 2022, produced products worth UAH 862.57 million, which is 40.8% more than in the same period of 2021.
According to the statistics of the association “UkrPapir”, provided to the agency “Interfax-Ukraine”, thus, the factory has more than 40% increase in production volume of more than 40%, recorded on the basis of seven and eight months.
In physical terms, the production of base paper for sanitary and hygienic products increased by 1.3% – up to 30.2 thousand tons.
At the same time, the production of toilet paper in rolls increased by 16.1% – to almost 97 million pieces, which remains the second largest indicator after the Kyiv KBK (247.7 million pieces).
In general, the main enterprises of the industry during this period produced 429.2 million rolls (-17.2% compared to January-September 2021).
KBF, which has been operating since 1939, produces base paper for sanitary and hygienic products, as well as toilet paper and paper towels. The capacity of paper machines is 19 thousand tons per year, processing equipment is 90 million rolls per year.
The factory has practically not stopped production since the beginning of this year.
KBF in 2021, according to UkrPapir, increased the volume of production of marketable products by 13% compared to 2020 – up to UAH 673.7 million.
The International Business Conference “Ukrainian bread, cereals, flour and pasta on the way to the EU” will be held in Lviv (Premier Hotel Dnister, 6, Mateyka St.) on October 27-29. In the course of the event, it is planned to gather more than 200 top managers and owners of flour mills, groats, bakery enterprises and pasta producers, key specialists of the industry and representatives of companies supplying products, equipment and technologies.
TARGET AUDIENCE OF THE CONFERENCE
Owners and top management of grain processing enterprises, bakery industry, representatives of retail chains of Ukraine and Europe, leading experts of the grain market and AgriFood of Ukraine and the world, importers of goods of the “Grain Grocery” group, representatives of authorities and industry associations, suppliers of equipment and technologies and others participants of agro-industrial and related sectors.
| Public Union “Miller of Ukraine” | Lviv Regional Military Administration |
| All-Ukrainian Association of Bakers | Agro Marketing Agency LLC |
Ministry of Agrarian Policy and Food of Ukraine
Ministry of Economy of Ukraine
Chamber of Commerce and Industry of Ukraine
European Bank for Reconstruction and Development
Food and Agriculture Organization of the United Nations (FAO)
Branch Association “Union of Food Industry Producers of Ukraine” (Ukraharchoprom)
SPONSORS: Bühler Ukraine, Concern Khlibprom
The last few seasons for agricultural business in general and grain processing in particular have been extremely unpredictable. The quarantine period turned into martial law in Ukraine.
And if the business has already adapted to the difficulties faced with the introduction of the lockdown, then the challenges of the military year 2022 again forced to review the established processes and working conditions in the sector.
Despite the limited export of grain, competition between millers and traders for quality raw materials remains fierce on the market, which affects purchase prices. Added value and stressful logistics, changing geographical directions and transport sales channels to European ones. The grain processing industry continues to transform under the pressure of factors. The difficult situation requires market participants to make decisions related to both ensuring Ukraine’s food security and establishing foreign trade. For these reasons, the International Business Conference “Ukrainian bread, cereals, flour and pasta on the way to the EU” is announced.
SPEAKERS
Matthew Hollingworth, Representative & Country Director, Ukraine at World Food Programme
Oleksandr Haydu, Chairman of the Verkhovna Rada Committee on Agrarian and Land Policy (TBC)
Oleh Ustenko, adviser to the President of Ukraine on economic issues
Taras Vysotsky, First Deputy Minister of Agrarian Policy and Food of Ukraine
Oleksandr Zhemoyda, director of the Department of Multilateral and Bilateral Trade Agreements of the Ministry of Economy of Ukraine
Rodion Rybchynskyi, director of the “Flour Mills of Ukraine” Union, chairman of the board of the NGO “Ukrharchoprom”, UN FAO grain sector expert
Maryna Zabarylo, director of the consumer panel Consumerscan, GFK Ukraine
Yevheniy Motsny, commercial director of Skvyrskyi KHP LLC (TM “Skvira”)
Oleksandr Taranenko, president of the All-Ukrainian Association of Bakers
Vladislav Averchenko, General Director of Concern Khlibprom
Dmytro Romanov, FAO/EBRD representative
Oleh Onishchenko, manager of technical and presentation issues of the company “SGS-Ukraine”
Dmytro Zhygunov, Doctor of Technical Sciences, Head of the Department of Grain Processing Technologies, Odessa National Academy of Food Technologies
Andrii Druzyaka, an independent expert on the grain market of Ukraine and the world
Oleksandr Bondarchuk, director of “Stern Ukraine” (representative office of Muhlenchemie in Ukraine)
Andrii Sharan, candidate of technical sciences, director of Buhler Ukraine
AGENDA
October 27
9.00 – 10.00 Registration, morning coffee
10.00 – 14.00 Plenary part of the conference. Speakers’ presentations
14.00 – 15.00 Lunch break
15.00 – 18.30 Continuation of the plenary part. Summing up
19.00 – 21.00 Friendly dinner
Registration fee for 1 delegate
| UAH | EUR |
| 10000 | 250 |
Registration includes:
Discounts:
Registration is obligatory by the link – https://forms.gle/ZJBfWUSqRLn8YMUdA or at the conference page https://conference.ukrmillers.com
Conference delegates have a special 25% discount for accommodation in the period from October 26 to 28, 2022, for rooms of the “Premier” and “Suite” categories.
You can make a reservation at a special rate in the reservation department.
Code word – grain conference
Contacts of the reservation department
Tel.: +38 (032) 297 43 17
+38 (032) 297 43 26
Viber: +38 (067) 673 67 05
E-mail: reservation@dnister.lviv.ua
Hotel website: https://dnister-hotel.phnr.com/ua
ACCOMMODATION IN LVIV IS NOT INCLUDED IN THE REGISTRATION FEE AND IS PROVIDED BY THE PARTICIPANTS BY THEIR OWN.
If you have any questions regarding participation, advertising, making a presentation, please, contact:
| Svyatoskav Tkachenko
+38(063)357 73 59 |
Rodion Rybchinskyi
+38 (067) 634 26 16
|
Ferroalloy enterprises of Ukraine in January-August of the current year in total reduced output by 32% compared to the same period last year – up to 399.46 thousand tons.
As Interfax-Ukraine was informed by the Ukrainian Association of Ferroalloy Producers (UkrFA), in January-August, the production of silicomanganese decreased by 22.2% – to 356.5 thousand tons, ferromanganese – by 70.7%, to 20.69 thousand tons.
In addition, the production of ferrosilicon (in terms of 45%) fell by 63.4% – to 19.72 thousand tons, metallic manganese – by 62.4%, to 1.81 thousand tons.
In addition, 0.74 thousand tons of other ferroalloys were produced.
Pokrovsky (formerly Ordzhonikidzevsky) Mining and Processing Plant (PGOK, Dnipropetrovsk region), which mines and enriches manganese ore, produced 497.1 thousand tons of manganese concentrate in 8 months 2022, which is 34.4% lower compared to 8 month-2021. PGOK for 8 months. also produced 29.55 thousand tons of iron ore sinter (84.8% less compared to January-July 2021), supplying it to PJSC “Dniprovsky Metallurgical Plant” (DMZ), which is part of DCH Steel businessman Alexander Yaroslavsky. In March-August, PGOK did not produce iron ore sinter, as DMZ suspended the production of metal products.
At the same time, on September 1 of this year, PGOK resumed the work of the Bogdanovskaya concentrating and sintering plant.
Data on the results of the work of the Marganets mining and processing plant (MGOK, Dnipropetrovsk region) for 8 months-2022 are not available, meanwhile, for 7 months-2022 it produced 294.68 thousand tons of concentrate (a decrease of 5.6% compared to 7 month-2021).
As reported, in 2021 Ukraine increased the production of ferroalloys by 15% compared to 2020 – up to 858.7 thousand tons, but reduced manganese concentrate by 6.6% – up to 1 million 763.43 thousand tons.
Prior to nationalization, PrivatBank (Kyiv) organized the business of SZF (located on the NKT) and ZZF, MGOK and PGOK (OGOK).
The Nikopol Ferroalloy Plant is controlled by the EastOne group, created in the fall of 2007 as a result of the restructuring of the Interpipe group, as well as the Privat group (both Dnepr).
The stock indexes of the largest countries in the Asia-Pacific region (APR) are mainly falling during trading on Wednesday, with the exception of the Japanese indicator.
The Hong Kong Hang Seng index fell 1.5% by 8:23 pm. China’s Shanghai Composite fell 0.8%.
Earlier this week, China’s National Bureau of Statistics (NSO) unexpectedly postponed the release of third-quarter GDP data, scheduled for Tuesday, as reported. This increased uncertainty about the outlook for the Chinese economy, writes Trading Economics.
Shares of biopharmaceutical company Wuxi Biologics (Cayman) Inc. are among the biggest losers in Hong Kong. (-6.3%), developer New World Development Co. Ltd. (-5.6%) and sporting goods manufacturer Li Ning Co. Ltd. (-4.8%).
Shares of online retailer Alibaba (SPB: BABA) shed 2.8%.
The value of the Japanese Nikkei 225 index increased by 0.5%.
Growth leaders among the components of the index are shares of technology SoftBank Group (+3.7%) and electricity producers Tokyo Electric Power Co. Holdings Inc. (+2.9%) and Kansai Electric Power Co. Inc. (+2.5%).
The price of securities of clothing retailer Fast Retailing rose by 1.3%, consumer electronics manufacturer Sony Group – by 0.5%.
South Korean index Kospi fell by 0.1%.
The market value of one of the world’s largest chip manufacturers Samsung Electronics Co. decreased by 1.2%, automaker Hyundai Motor – increased by 0.3%.
The Australian S&P/ASX 200 fell 0.3%.
Shares of the world’s largest mining companies BHP Group and Rio Tinto fell 1% and 0.3%, respectively.
Since the beginning of the Russian aggression, NPC Ukrenergo has received assistance in the form of supplies of equipment and materials from five European transmission system operators (TSOs) represented by the Belgian Elia, the Polish PSE, the Italian Terna, as well as the German Amprion and 50 Hertz, the company reported in its Telegram channel on Tuesday.
“Since the beginning of the war, European TSOs have been helping us at their own request so that our repairmen can quickly restore networks destroyed by enemy rocket attacks. They personally make sure that the equipment is delivered as quickly as possible,” the company said.
The last batch of aid and equipment came from the Belgian Elia.
“Belgian colleagues have provided new generators, insulators for overhead power lines, wire and couplings for their connection with a total cost of several hundred thousand euros,” the company said.
As the company said, the very first aid came in March from the Polish system operator PSE, which also provided transformer equipment to the Ukrainian side at the end of May, including from its own emergency stock.
“In addition, Polish colleagues ordered and paid for the manufacture of 70 km of wire, which our repairmen are already using today, specifically for Ukrenergo,” the company added.
In July, Vitaliy Krush, an employee of one of the largest German TSOs Amprion, delivered two generators to the Ukrainian border for Ukrenergo substations.
“Also, equipment for the Ukrainian system operator was provided by another German operator 50Hertz and Italian Terna. Various equipment is expected from other OSB and international partners,” the company said.
As explained in Ukrenergo, system operators, like no one else, understand the importance and complexity of the rapid restoration of infrastructure in Ukraine.
“We greatly appreciate every contribution to the fact that our mobile repair teams can quickly restore damaged networks, replace transformers destroyed by enemy missiles,” Ukrenergo said.
