Business news from Ukraine

Business news from Ukraine

DTEK CUTS COAL IMPORTS BY 33.6%

DTEK Group through January-June 2019 reduced coal imports by 33.6% (501,400 tonnes) compared to the same period last year, to 991,300 tonnes, according to a press release from the company.
In the first half of the year, DTEK enterprises decreased production of coal by 2.5% compared to the same period of 2018, to 12.571 million tonnes.
In particular, the production of G and DG grade coal (Ukraine) for the first sixth months of 2019 decreased by 0.9%, to 11.325 million tonnes. Production of A grade coal by Obukhovskaya mine (the Russian Federation) for this period decreased by 14.8%, to 1.246 million tonnes.
Concentrate output fell by 5.5%, to 5.485 million tonnes. In particular, output at third-party processing plants in Ukraine fell by 85.2%, to 72,200 tonnes, while at Obukhovskaya mine fell by 6.7%, to 847,300 tonnes.

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UKRAINIAN ENTERPRISES INCREASE IMPORTS OF COPPER BY 24%

Ukrainian enterprises increased imports of copper and copper products in terms of money by 24.1% in January-August 2019 compared with similar period of 2018, to $75.131 million.
Exports of copper and copper products decreased 47.6% over the year to $58.229 million, according to customs statistics released by the State Fiscal Service of Ukraine.
In August, copper and copper products were imported to the tune of $11.752 million, and copper exports were estimated at $6.065 million.
In addition, in January-August 2019, Ukraine decreased imports of nickel and products made of it by 12.2%, to $58.301 million (imports in August were estimated at $5.468 million), while imports of aluminum and products made of it increased 5.7%, to $261.639 million ($33.214 million). Imports of lead and products made of it increased by 1.5%, to $8.906 million ($1.426 million) and imports of tin and products made of it decreased 27.7%, to $2.354 million ($0.316 million). Imports of zinc and zinc goods decreased 18.3%, to $48.884 million ($7.016 million).
Exports of aluminum and products made of it decreased 26.1% in January-August 2019, to $69.697 million ($9.157 million in August alone), while shipments of lead abroad decreased 32.7%, to $16.843 million ($1.929 million). Exports of nickel fell by 40.2%, to $3.48 million ($0.213 million in August).
Zinc exports in January-August 2019 amounted to $0.416 million ($0.031 million in August) compared to $0.18 in January-August 2018.
Exports of tin and products made of it in January-August 2019 were estimated at $0.03 million (no tin was exported in August) compared to $0.288 million in January-August 2018.

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UKRAINE RAISES CHEESE IMPORTS BY 1.6 TIMES TO $57.27 MLN

Ukraine in January-August 2019 exported 4,340 tonnes of cheese, which is 19.5% less than in the same period in 2018.
According to customs statistics released by the State Fiscal Service, in monetary terms exports amounted to $15.64 million, which is 22% less than the figure for the eight months of 2018.
At the same time, cheese imports in January-August 2019 amounted to 12,500 tonnes, which is 1.6 times more than the figure for the same period in 2018. In monetary terms, imports rose by 49.5%, to $57.27 million.
Export of butter from Ukraine in January-August of this year decreased by 34.3%, to 14,100 tonnes, in money terms by 37.2%, to $58.1 million. Import of this product, according to the service, rose by 33%, to 950 tonnes ($5.28 million).
In January-August, export of milk and cream (condensed) rose by 9.5%, to 29,170 tonnes. Ukraine supplied condensed milk and cream for a total of $61.85 million against $43.77 million in January-August 2018. Imports of this group of goods decreased by 6.6%, to 1,330 tonnes ($2.91 million).

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DTEK CUTS COAL IMPORTS BY 33.6%

DTEK Group through January-June 2019 reduced coal imports by 33.6% (501,400 tonnes) compared to the same period last year, to 991,300 tonnes, according to a press release from the company.
In the first half of the year, DTEK enterprises decreased production of coal by 2.5% compared to the same period of 2018, to 12.571 million tonnes.
In particular, the production of G and DG grade coal (Ukraine) for the first sixth months of 2019 decreased by 0.9%, to 11.325 million tonnes. Production of A grade coal by Obukhovskaya mine (the Russian Federation) for this period decreased by 14.8%, to 1.246 million tonnes.
Concentrate output fell by 5.5%, to 5.485 million tonnes. In particular, output at third-party processing plants in Ukraine fell by 85.2%, to 72,200 tonnes, while at Obukhovskaya mine fell by 6.7%, to 847,300 tonnes.

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UKRAINE IMPORTS NATURAL GAS WORTH $1.1 BLN IN SIX MONTHS

Ukraine in January-June 2019 imported 4.863 billion cubic meters of natural gas for a total of $1.060 billion, in particular in June 1.372 billion cubic meters for $259.638 million, according to the State Statistics Service.
Thus, the average price of gas imported by the country in June 2019 amounted to $189.3 per 1,000 cubic meters, which is 7.8% less than in May 2019 ($205.3).
The counterparties for the six months of 2019 were companies from Switzerland with 1.732 billion cubic meters of gas for $372.82 million, Germany with 1.567 billion cubic meters for $329.671 million, Hungary with 356.061 million cubic meters for $72.895 million, the Czech Republic with 246.071 million cubic meters for $51.799 million, Poland with 292.817 million cubic meters for $63.78 million, Austria with 224.315 million cubic meters for $63.597 million, France with 172.724 million cubic meters for $38.518 million, the UK with 106.64 million cubic meters for $28.751 million, Luxembourg with 88.627 million cubic meters for $23.159 million, Slovakia with 57.583 million cubic meters for $11.23 million, Italy with 16.893 million cubic meters for $3.487 million, and Bulgaria with 1.4 million cubic meters for $255,000.
Gas was not imported from Russia for the indicated period.

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UKRAINE BOOSTS IMPORTS OF COKE BY 13%

Ukraine reduced coke and semi-coke exports by 61% year-over-year, to 6,891 tonnes in January-April 2019.
According to customs statistics, published by the State Fiscal Service of Ukraine, coke and semi-coke exports were down 65.2% in monetary terms, to $1.652 million.
The majority of deliveries were made to Belarus (22.4% in monetary terms), Romania (20.22%) and Moldova (17.68%).
Imports of coke and semi-coke rose by 12.9%, to 651,259 tonnes in January-July 2019, worth $200.694 million (15% up). The goods were mainly imported from Russia (84.36% in monetary terms), Poland (9.98%) and Egypt (3.74%).
As reported, Ukraine cut coke and semi-coke exports by 88.6% year-over-year to 25,578 tonnes in 2018. Imports of coke and semi-coke fell by 45.8%, to 839,757 tonnes in 2018, worth $251.724 million (44% down).
Some coalmines and coking plants in Ukraine are located in Russia-occupied areas of Donetsk and Luhansk regions in eastern Ukraine.

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