Business news from Ukraine

FERREXPO STILL THE BIGGEST FSU IRON ORE PELLET EXPORTER

Ferrexpo plc, whose main assets are Ukrainian iron ore producers Poltava and Yeristovo mining and processing plants, exported 5.77 million tonnes of iron ore pellets in January-July 2018, retaining its leadership among FSU pellet exporters.
Ferrexpo, which exported pellets to Europe, Japan, South Korea and China in the seven months of 2018, said in a press release that the state UkrPromZovnishEkspertyza enterprise had published the data.
Poltava Mining exported 4.465 million tonnes of pellets and Yeristovo exported 1.303 million tonnes.
Russia’s Severstal, in particular its Karelsky Okatysh mining unit, exported 3.239 million tonnes of pellets in the seven months; Ukraine’s Metinvest holding exported 2.979 million tonnes, with Pivnichny (Northern) Mining exporting 1.631 million tonnes and Central Mining – 1.348 million tonnes; Russia’s Metalloinvest exported 2.326 million tonnes, of which Mikhailovsky Mining 1.753 million tonnes and Lebedinsky Mining – 600,400 tonnes; and Evraz Group, notably Kachkanarsky Mining, exported 339,000 tonnes of pellets.
Ferrexpo exported 10.407 million tonnes of pellets in 2017.
The London-listed Ferrexpo plc owns 100% of Ferrexpo AG, which owns the Ukrainian mines.

, ,

UKRAINE AMONG THREE BIGGEST EXPORTERS OF WHEAT FLOUR TO GEORGIA

Wheat flour imports increased 8.1% to 6,800 tonnes, including 4,600 tonnes from Russia (67.6% of the total), 815.6 tonnes from Belarus, 775.6 tonnes from Ukraine, 400 tonnes from Azerbaijan and smaller amounts from Lithuania, Italy, France and Austria. The wheat imports totaled $53.3 million in value terms, up 11.7%, and the flour imports totaled $1.8 million, down 10%.
Georgia imported 271,900 tonnes of wheat in January-June 2018, 10.6% more than in the same period last year, the National Statistics Service told Interfax. The bulk of the wheat imports – 245,100 tonnes – came from Russia. The remaining 26,800 tones came from Kazakhstan (22,600 tonnes) and Turkey (3,100), with smaller amounts imported from Ukraine, Azerbaijan and Germany.

, ,

WORLD’S LARGEST EXPORTER OF SUNFLOWER OIL KERNEL RAISES OIL SALES BUT CUTS GRAIN SALES IN 2018

Kernel, one of the largest Ukrainian agricultural groups, in the fiscal year of 2018 (FY, July-June), reduced grain sales by 8.2% compared to the previous FY, to 4.646 million tonnes. According to the company’s website, sales of bulk sunflower oil in the 2018 FY increased by 20.1%, to 1.301 million tonnes, bottled sunflower oil decreased by 9.7%, to 118.6 million liters.
During this period, the holding processed 3.136 million tonnes of sunflower seeds, which is 6% more than in the 2017 FY.
In April-June of the 2018 FY sales of bulk oil increased by 37.3%, to 386,640 tonnes, bottled sunflower oil decreased by 16.3%, to 32.8 million liters compared to the same period last year.
Grain sales in the fourth quarter of the 2018 FY rose by 64.3% over the same period last FY, to 1.573 million tonnes.
Grain transshipment at the group’s export terminals in the 2018 FY decreased by 0.6%, to 6.06 million tonnes, in the fourth quarter it increased by 12.6%, to 1.61 million tonnes.
Kernel is the world’s largest producer and exporter of sunflower oil, the leading producer and supplier of agricultural products from the Black Sea region to the world markets.

, , , ,