Business news from Ukraine

UKRAINE EXPORTS 18.7 MLN TONNES OF GRAIN SINCE START OF MARKETING YEAR

Ukraine since the beginning of the new 2020/2021 marketing year (MY, July-June) and as of November 16 had exported 18.74 million tonnes of grain and legumes, which is 3.6 million tonnes less than on the same date last MY.
According to the information and analytical portal of the agro-industrial complex of Ukraine, to date, 11.29 million tonnes of wheat, 3.51 million tonnes of barley and 3.58 million tonnes of corn were exported.
As of November 16 of this year, 65,500 tonnes of flour were also exported.
As reported, Ukraine exported a record 57.2 million tonnes of grain, legumes and flour in the 2019/2020 MY, which is 13.5% more than in the previous MY.

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UKRAINE DECREASES EXPORTS OF TITANIUM ORE BY 15.3%

Ukraine decreased the export of titanium containing ore and concentrate in kind by 15.3% in January-October 2020 compared to the same period in 2019, to 437,702 tonnes.
According to statistics released by the State Customs Service, in January-October 2020, the export of titanium ore and concentrate in monetary terms decreased 15.1%, to $107.45 million.
Ukraine imported 890 tonnes of titanium ore for $748,000 during that period (711 tonnes of ore for $500,000 in January-October 2019).
Vilnohirsk state mining and metallurgical combine (Dnipropetrovsk region), Irshansk state mining and processing combine (Zhytomyr region), Valki-Ilmenite and Mezhdurechensk Mining and Concentration Complexes (both are located in Irshansk, Zhytomyr region) are the main producers of titanium ore in Ukraine.
Dnipro-based Velta production and commercial firm built a mining and processing complex at the Birzulivske ilmenite deposit, which has a 240,000-tonne ilmenite concentrate capacity per year.
Holding company Velta Group Global Ltd. was registered in London in November 2011.

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UKRAINE CUTS COPPER IMPORT BY 9%, EXPORT BY 7.6%

Ukrainian enterprises reduced the import of copper and copper products in value terms by 9% to $93.276 million in January-October this year compared to the same period last year.
According to customs statistics published by the State Customs Service of Ukraine, export of copper and copper products decreased 7.6% to $63.017 million in the first 10 months of 2020.
In October, copper and copper products were imported in the tune of $11.915 million, and exported in the tune of $7.934 million.

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UKRAINE SINCE START OF 2020/2021 AGRI-YEAR EXPORTS 17.4 MLN TONNES OF GRAIN

Ukraine since the beginning of the new 2020/2021 agricultural year (July-June) and as of November 9, exported 17.35 million tonnes of cereals and legumes, which is 3.59 million tonnes less than on the same date of the previous agri-year.
According to the information and analytical portal of the agro-industrial complex of Ukraine, to date, 10.97 million tonnes of wheat (1.24 million tonnes down), 3.38 million tonnes of barley and 2.93 million tonnes of corn (2.2 million tonnes down) were exported.
As of November 9 this year, 62,600 tonnes of flour were also exported.

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UKRAINE EXPORTS 16 MLN TONNES OF GRAIN IN JULY-JUNE

Ukraine exported 15.97 million tonnes of grains and legumes since the beginning of the new 2020/2021 marketing year (July-June) and as of October 30, which is 2.67 million tonnes less than on the same date of the last MY.
According to the information and analytical portal of the agro-industrial complex of Ukraine, to date, 10.33 million tonnes of wheat (less by 850,000 tonnes), 3.37 million tonnes of barley and 2.22 million tonnes of maize (less by 1.73 million tonnes) have been exported.
As of October 30 of this year, 61,800 tonnes of flour were exported as well.
As reported, Ukraine exported record 57.2 million tonnes of grains, legumes and flour in the 2019/2020 marketing year, which is 13.5% more than in the previous marketing year.

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MYRONIVSKY HLIBOPRODUCT INCREASES EXPORTS OF CHICKEN MEAT

Myronivsky Hliboproduct (MHP) in July-September 2020 sold 195,120 tonnes of chicken meat, which is 18% more than a year ago.
MHP said on Wednesday that chicken meat sales grew by 2%, to 523,760 tonnes in January-September 2020.
“Third parties sales amounted to 523,759 tonnes of poultry, which is 2% higher than in 9M 2019, driven mainly by substantial increase in exports in Q3 2020 – 37% year-on-year to 108,472 tonnes due to the increased sales to MENA region predominantly as well as to Africa and CIS,” the company said.
MHP said that overall chicken meat sales volumes in Q3 2020 increased by 18% compared to Q3 2019 and by 14% compared to Q2 2020, driven mainly by the company’s strategy to decrease its poultry stocks accumulated during the preceding periods – in late 2019 and 2020.
In Ukraine, sales of chicken in the third quarter remained at the level of last year – 86,650 tonnes, and in nine months increased by 1%, to 244,740 tonnes, while the export of chicken in the first nine months increased by 3%, to 279,030 tonnes.
Notwithstanding the turbulent times, MHP continued to follow its strategies of both geographic diversification and of a product mix optimization developing partnerships across the MENA, CIS, EU and Africa countries. Total poultry exports in 9M 2020 constituted around 53%, same as in 9M 2019, of total poultry sales volumes.
Prices on the domestic market decreased by 11% year-on-year, mainly for the same reasons as export prices as well as a higher proportion of lower priced frozen chicken sales in Ukraine. The price was $1.36 per kg (VAT not included), and in 9M 2020 it was 9% lower – $1.34 per kg (VAT not included).
The prices fell both on the Ukrainian market by 7% in Q3 2020 and by 11% in 9M 2020 and on the foreign market – by 8% and 9% respectively, mainly driven by the product mix change during H1 2020 (significant decrease in sales of fillet to the EU and increased sales to MENA) and weaker prices on breast fillet in EU as many global competitors experienced reduced demand, which resulted in excess stocks.
Poultry production volumes in Q3 2020 remained relatively stable, decreased by 3%, constituting 181,661 tonnes (Q3 2019: 186,555 tonnes) mainly due to increased share of small birds production (dedicated to MENA region predominantly). In 9M 2020 poultry production volumes were relatively stable and constituted 541,592 tonnes (9M 2019: 540,133 tonnes).

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