Business news from Ukraine

Business news from Ukraine

Grain deal made it possible to export more than 4.5 million tons of grain and agricultural products – UN

The Joint Coordinating Center (JCC) has authorized the movement of more than 400 vessels during its work within the framework of the Black Sea Grain Initiative, the UN reported.
“As of September 23, the total tonnage of grain and other agricultural products exported from three Ukrainian ports is 4,556,311 tons. In total, 420 ships have been allowed to move at the moment – 217 for arrival in Ukrainian ports and 203 for leaving them,” – the message says.
It is noted that on September 23, 12 ships with more than 200 thousand tons of food left Ukrainian ports after receiving permission from the SKC.
The UN explained that five ships – Zeko Y (8.2 thousand tons of wheat), Olma (5150 tons of soybeans), Merry M (4450 tons of sunflower meal), Gudena (3860 tons of sunflower oil), Nil Demir (3, 7 thousand tons of peas) – went to Turkey.
In addition, the Sea Dove (33 thousand tons of corn) and Lady Ayana (27 thousand tons of corn) ships sailed for Italy, the Fortuna dry cargo ship (10,252 tons of sunflower meal) – for France, the Gem Star ship (31,039 tons of corn) – to the Netherlands.
Dry cargo ship Mo Gan Shan (57,311 tons of wheat) was poisoned in Bangladesh, the ship Mavka (11,950 tons of sunflower oil) – in Romania, Tzarevich (10 thousand tons of sunflower meal) – in Bulgaria.
On July 22, in Istanbul, with the participation of the UN, Ukraine, Turkey and Russia, a document was signed on the creation of a corridor for the export of grain from three Ukrainian ports – Chornomorsk, Odessa and Pivdenny.

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Export of products from Ukraine under “grain deal” reaches 3.7 mln tons

The departure of 10 ships with 169.3 thousand tons of agricultural products is scheduled from the ports of Greater Odessa to the countries of Africa, Asia and Europe on Sunday, the Ukrainian Sea Ports Administration (USPA) reports.
“By 10:00 am, 8 ships left the ports of Greater Odessa, and 2 more are waiting for their turn and favorable conditions,” the agency noted on Facebook.
In total, since the release of the first vessel with Ukrainian food, 3.7 million tons of food have already been exported, and the total number of vessels for the countries of Asia, Europe and Africa has reached 165.
As reported, in Istanbul on July 22, with the participation of the UN, Ukraine, Turkey and Russia, two documents were signed on the creation of a corridor for the export of grain from three Ukrainian ports – Chornomorsk, Odessa and Pivdenny.

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Cabinet of Ministers allowed export of 100 thousand tons of coal to Poland

The Cabinet of Ministers of Ukraine allowed the export of 100 thousand tons of coal, which is planned to be delivered to Poland.
Taras Melnichuk, a representative of the Cabinet of Ministers in the Verkhovna Rada, said on Telegram that a corresponding change was made at a government meeting on Friday in the list of goods whose exports and imports will be subject to licensing, and quotas for 2022.
Earlier, Prime Minister Denys Shmyhal said that at the request of the Polish side, Ukraine is ready to consider the possibility of opening a quota for the export of 100,000 tons of coal.
He specified that coal reserves in the warehouses of Ukrainian power plants amount to almost 2 million tons, which is 2.5 times more than a year ago. “Therefore, we are ready to lend a shoulder of support to our Polish friends,” he stressed.
As reported, since mid-June 2022, Ukraine has set zero quotas for the export of all types of coal, except for coking coal, and on September 7, it completely banned the export of Ukrainian coal.
According to the State Customs Service, Ukraine’s coal exports for eight months of 2022 amounted to 523.863 thousand tons for $166.667 million, incl. to Slovakia – by $108.295 million, Poland – by $35.028 million, Hungary – by $20.779 million, other countries – by $2.565 million.

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Ukraine reduced export of titanium-bearing ores by 42%, revenue – by 12%

Ukraine in January-August of the current year reduced the export of titanium-bearing ores and concentrate in physical terms by 41.8% compared to the same period last year – up to 219.794 thousand tons.
According to statistics released by the State Customs Service (STS), in monetary terms, the export of titanium-bearing ores and concentrate decreased by 12.4% to $86.639 million.
At the same time, the main exports were to the Czech Republic (48.14% of supplies in monetary terms), the USA (13.55%) and Romania (7.49%).
Ukraine in January-August 2022 imported 100 tons of similar products from Senegal in the amount of $138 thousand, while in January-August 2021 it imported 731 tons of titanium-bearing ores in the amount of $686 thousand from Senegal (79.88%) and Germany (20 ,12%).
As reported, Ukraine in 2021 increased the export of titanium-bearing ores and concentrate in physical terms by 3% compared to 2020 – up to 553.051 thousand tons, in monetary terms, the export of titanium-bearing ores and concentrate increased by 17% – up to $161.914 million. the main exports were to Mexico (21.23% of deliveries in monetary terms), China (18.17%) and the Czech Republic (14.07%).
In 2021, Ukraine imported 1.172 thousand tons of titanium-containing ores worth $1.227 million from Senegal (87.03%) and Germany (12.97%), while in 2020 it imported 1.010 thousand tons worth $855 thousand.
In Ukraine, at present, titanium-bearing ores are mined mainly in the PJSC “United Mining and Chemical Company” (OGCC), under whose management the Volnogorsk Mining and Metallurgical Combine (VGMK, Dnepropetrovsk region) and the Irshansky mining and processing plant (IGOK, Zhytomyr region) were transferred .), as well as LLC “Mezhdurechensky GOK” and LLC “Valki-Ilmenit” (both LLC – Irshansk, Zhytomyr region).
In addition, the production and commercial company “Velta” (Dnepr) built a mining and concentration complex at the Birzulovsky deposit with a capacity of 240,000 tons of ilmenite concentrate per year.
Holding company Velta Group Global Ltd. registered in London in November 2011.

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Ukraine reduced export of steel semi-finished products by 67%

Ukraine in January-August this year reduced the export of semi-finished products from carbon steel in kind by 66.6% compared to the same period last year – up to 1 million 589.419 thousand tons.
According to statistics released by the State Customs Service (SCS), in monetary terms, the export of semi-finished products from carbon steel over this period decreased by 63.5% – to $1 billion 8.882 million.
The main exports were to Bulgaria (21.91% of supplies in monetary terms), Italy (13.96%) and Turkey (12.22%).
In addition, Ukraine imported 5,532 thousand tons of such products in January-August, which is 64% less than in January-August 2021. In monetary terms, imports decreased by 63.4% – to $ 3.576 million. Imports were carried out from the Russian Federation (98.49% of deliveries), Romania (1.23%) and China (0.25%).
As reported, Ukraine in 2021 reduced the export of semi-finished products from carbon steel in physical terms by 9.5% compared to 2020, to 6 million 776.44 thousand tons. In monetary terms, the export of semi-finished products from carbon steel increased by 48.8% over the year to $4 billion 93.02 million. The main exports were to Italy (30.90% of supplies in monetary terms), Turkey (12.77%) and the Republic (8.02%).
In addition, Ukraine imported 38.97 thousand tons of such products in 2021, which is 2.6 times more than in 2020. In monetary terms, imports increased by 3.9 times – up to $25.95 million. Imports were carried out from the Russian Federation (97.73% of deliveries), Turkey (1.15%) and Uzbekistan (1.08%).

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Ukraine reduced imports of copper by 62%, exports – by 55%

In January-August this year, Ukrainian enterprises reduced imports of copper and copper products in value terms by 61.7% compared to the same period last year, to $41.745 million.
According to customs statistics released by the State Customs Service of Ukraine, exports of copper and copper products over the specified period decreased by 55.3% to $64.143 million.
In August, copper and copper products were imported in the amount of $7.337 million, exported – in the amount of $4.442 million.
In addition, Ukraine in January-August 2022 reduced imports of nickel and products from it by 42% compared to January-August 2021 – to $44.635 million (in August – $7.438 million), aluminum and products from it – by 29.7 %, to $207.180 million ($35.390 million). At the same time, it reduced the import of lead and products from it by 63.7% – to $2.249 million ($151 thousand). The import of tin and products from it fell by 5% – to $2.468 million ($247 thousand), and the import of zinc and zinc products – by 56.2%, up to $26.135 million ($2.460 million).
Export of aluminum and products from it for eight months of 2022 decreased by 36.4% compared to January-August 2021 – to $66.455 million (in August – $8.798 million), lead and products from it by 64.3% – to $8.686 million ($0.199 million), nickel and products – by 59.3%, to $1.339 million ($0.073 million).
Export of zinc for the reporting period amounted to $1.302 million (no export was carried out in August), while in January-August 2021 it was $70 thousand. Export of tin and products in January-August 2022 amounted to $396 thousand (in August – $5 thousand). ) against $17 thousand for January-August-2021.
As reported, Ukraine in 2021 increased copper imports in value terms by 59% compared to 2020 – up to $183.161 million, exports of copper and copper products over the specified period increased by 2.4 times compared to 2020 – up to $206.390 million.
In 2021, Ukraine also increased the import of nickel and products from it by 45.8% compared to 2020 – up to $119.154 million, aluminum and products from it – by 30.2%, to $511.190 million. At the same time, it reduced the import of lead and products of it by 7.8% – up to $8.512 million, increased imports of tin and products from it by 75.2%, up to $4.977 million, and also increased zinc and zinc products – by 62.9%, up to $93.635 million.
Exports of aluminum and products from it in 2021 increased by 53.9% – to $169.094 million, lead and products from it by 52.8% – to $38.229 million, nickel and products – by 55%, to $4.856 million.
Zinc exports last year amounted to $550 thousand, while in 2020 it was $69 thousand (an increase of eight times). Export of tin and products in 2021 amounted to $346,000 against $117,000 in 2020.

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