Business news from Ukraine

U.S. DEPARTMENT OF AGRICULTURE PREDICTS GROWTH IN EXPORTS OF UKRAINIAN RAPESEEDS

The U.S. Department of Agriculture (USDA) has predicted growth in exports of rapeseeds from Ukraine in 2019/2020 agricultural year (September-August) by 1 million tonnes year-over-year, to 3.5 million tonnes.
According to a June report of USDA, the forecst for exports of oilseeds was revised downwards to 5.55 million tonnes (a decrease by 10,000 tonnes compared with the May report), that for oilseed crushing – to 16.7 million tonnes (a decease by 10,000 tonnes).
USDA also slightly reviewed downwards the forecasts for 2019/2020 agri-year for export of Ukrainian vegetale oil, to 6.1 million tonnes (a decrease by 2,000 tonnes) and oilseed cake, to 5.92 million (a decline by 8,000 tonnes).
USDA in June left unchanged the forecast for exports of sunflower seeds for 2019/2020 agri-year: it would be 150,000 tonnes, meal – 4.7 million tonnes and oil – 5.6 million tonnes.
USDA reviewed downwards the forecast for Ukrainian soybeans: exports of soybean meal to 1.9 million tonnes (a decrease by 100,000 tonnes), exports of soybeans – to 1 million tonnes (a decline by 80,000 tonnes over the smaller volumes of its production).
The USDA’s forecast for oilseed crushing in Ukraine for this season is 16.65 million tonnes, oilseed exports – 5.15 million tonnes, meal exports – 5.17 million tonnes and vegetable oil exports – 6.21 million tonnes.

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MAJOR EXPORTS OF TITANIUM ORE FROM UKRAINE ARE MADE TO EGYPT, MEXICO, CZECH REPUBLIC

Ukraine in January-May 2019 increased exports of titanium containing ore and concentrate in kind by 6.1% compared to January-May 2018, to 257,369 tonnes. According to customs statistics released by the State Fiscal Service, over the period exports of titanium ore and concentrate in monetary terms increased by 23.5%, to $62.121 million.
Major exports were made to Egypt (19.94% of deliveries in monetary terms), Mexico (16.52%), and the Czech Republic (14.72%).
Ukraine in January-May 2019 imported 243 tonnes of similar products worth $171,000 from Senegal, while in January-May 2018 it imported 15,457 tonnes of titanium ore and concentrate worth $2.854 million from Senegal.
As reported, Ukraine in 2018 increased exports of titanium containing ore and concentrate in kind by 2.7% compared to 2017, to 599,494 tonnes. Last year exports of titanium ore and concentrate in monetary terms increased by 19.5%, to $125.722 million. Major exports were made to the Czech Republic (19.41% of deliveries in monetary terms), Turkey (17.96%), and Russia (15.68%).
Ukraine in 2018 imported 15,874 tonnes of similar products worth $3.142 million from Senegal and Mozambique, while in 2017 it imported 202 tonnes of titanium ore and concentrate worth $143,000 from Senegal (87.41%), Finland (10.49%), and Iran (2.1%).
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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UKRAINIAN ENTERPRISES IN JAN-MAY 2019 DECREASE EXPORTS OF FERROUS SCRAP METAL BY 85%

Ukrainian enterprises in January-May 2019 decreased exports of ferrous scrap metal by 85.7% compared to January-May 2018, to 36,515 tonnes (250,984 tonnes in January-May 2018). According to customs statistics released by the State Fiscal Service of Ukraine, exports of scrap metal in monetary terms fell by 88.1%, to $9.983 million ($83.484 million a year ago).
Some 8,086 tonnes of scrap metal was exported in May, 8,791 tonnes in April, 8,246 in March, 8,252 tonnes in February and 3,140 tonnes in January.
At the same time, in January-May 2019, the country increased imports of scrap metal in kind by 38.4% compared to January-May 2018, to 28,710 tonnes. Imports in monetary terms decreased 10.9%, to $14.792 million.
Imports of scrap metal in January-May 2019 arrived mainly from Russia (49.09% of deliveries in monetary terms), Turkey (43.71%), and South Korea (3.13%); and major exports were shipped to Turkey (88.76%), the Netherlands (6.26%) and Germany (3.42%).
Ukrainian metal companies in January-May 2018 and January-May 2019 did not import ferrous products obtained by direct reduction of iron ore (HS code 7203) – hot briquetted iron (HBI), which is a substitute for pig iron and scrap metal.
As reported, Ukrainian enterprises in 2018 decreased exports of ferrous scrap metal by 33% compared to 2017, to 327,547 tonnes. Exports of scrap metal in monetary terms fell by 13.3%, to $105.646 million.

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UKRAINE CUTS ELECTRICITY EXPORTS BY 2.7%

Ukraine in January-April 2019 decreased electricity exports by 2.7% (by 59.3 million kWh) compared to the same period in 2018, to 2.13 billion kWh, the Ministry of Energy and Coal Industry has told Interfax-Ukraine.
Electricity supplies from the Burshtyn TPP Energy Island in the direction of Hungary, Slovakia and Romania increased by 0.01% (by 0.1 million kWh), to 1.421 billion kWh.
Electricity supplies to Poland decreased by 18.6% (by 100.8 million kWh), to 440.3 million kWh.
Electricity supplies to Moldova amounted to 268.4 million kWh, which is 18.2% (41.4 million kWh) more than in January-April 2018.
For the first four months of 2018 and 2019, Ukrainian electricity was not exported to Belarus and Russia.
In addition, in January-April 2019, Ukraine imported 8.7 million kWh of electricity from the Russian Federation and Belarus compared to 11.4 million kWh in January-March 2018.

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UKRAINE EXPORTS 45.4 MLN TONNES OF GRAIN SINCE START OF 2018/2019 MY

Ukraine since the beginning of the 2018/2019 marketing year (MY, July-June) and as of May 22, 2019 had exported 45.4 million tonnes of grain and leguminous plants, which is 26% more than on the same date of the previous MY.
According to the Ministry of Agrarian Policy and Food, farmers exported 26.4 million tonnes of corn, 14.8 million tonnes of wheat, and 3.5 million tonnes of barley.
On the specified date, some 262,000 tonnes of flour had been also exported.
As reported, with reference to the ministry, Ukraine exported 39.4 million tonnes of grain in the 2017/2018 MY.
According to the ministry, grain exports in the 2018/2019 MY are projected to be 49 million tonnes.

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UKRAINE EXPORTS 44.4 MLN TONNES OF GRAIN SINCE START OF AGRI-YEAR

Ukraine since the beginning of the 2018/2019 agricultural year (July-June) and as of May 15, 2019 had exported 44.36 million tonnes of grain and leguminous crops, which is 25.6% more than on the same date of the previous agri-year.
According to the Ministry of Agrarian Policy and Food, farmers exported 25.6 million tonnes of corn, 14.6 million tonnes of wheat, and 3.4 million tonnes of barley.
Some 255,800 tonnes of flour had been also exported on the specified date.
As reported, with reference to the ministry, Ukraine exported 39.4 million tonnes of grain in the 2017/2018 agri-year.
According to the ministry, grain exports in the 2018/2019 agri-year are projected to be 49 million tonnes.

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