Business news from Ukraine

UKRAINE REDUCES COAL IMPORTS BY 4.4%

Ukraine in January-September 2019 reduced import of coal and anthracite (foreign trade code 2701) by 4.4% (by 689,521 tonnes) compared to the same period in 2018, to 14.951 million tonnes.
According to the State Fiscal Service, coal was imported for $2.089 billion, which is 4.7% less than in January-September 2018.
At the same time, coal worth $1.218 billion (the share in imports is 58.27%) was received from Russia, while the United States supplied coal for $667.294 million (31.94%), Kazakhstan for $94.992 million (4.55%), and other countries for $109.626 million (5.25%).
In addition, Ukraine for the first nine months of 2019 exported 13,157 tonnes of coal and anthracite worth $508,000, in particular to Moldova for $380,000, to Hungary for $96,000, and Poland for $32,000.

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PARLIAMENT PERMITS ELECTRICITY IMPORTS FROM UKRAINE TO BELARUS

Verkhovna Rada of Ukraine has introduced amendments into Ukrainian law “On electricity power market” permitting to buy electric power under bilateral agreements of the countries, which are not the members of the Europe’s Energy Society.
A total of 265 parliamentarians voted for the bill No.1084 “On amendments into some legislative acts of Ukraine on nuclear power use” at a plenary sitting.
MP Andriy Gerus introduced an amendment to the law on electric power market in Part 8, of Article 67 that permits to sell electric power imported from the states non-members of the Energy Society on the day-ahead markets and on the balancing market.

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UKRAINE INCREASES IMPORTS OF COKING COAL BY 7%

Coke plants of Ukraine imported 7.19 million tonnes of coking coal and coal concentrate for coking in January-August 2019, which is 7% less than in January-August 2018. According to the Ukrmetallurgprom association, in February 2019, 760,000 tonnes was imported (780,000 tonnes in July 2019).

Ukrainian coal in the amount of 2.26 million was shipped to the plants in January-August 2019, which is 32% more compared with January-August 2018. In August, 430 tonnes were delivered (110% compared with July).

In January-August 2019, Ukrainian coke plants received 9.45 million tonnes of coking coal, which is the same as in January-August 2018. The share of imported coal was 76.1%. In August 2019, 1.19 million tonnes of coking coal was shipped (103% compared with July 2019).

Steel enterprises in Ukraine received 6.16 million tonnes of coke in January-August 2019 (97% compared with January-August 2018), including 5.8 million tonnes of Ukrainian coke and 0.36 million imported coke. The share of imported coke of total supplies was 5.8%.

In August 2019, steel enterprises received 753,000 tonnes of coke (106% compared with July), including 733,000 tonnes of Ukrainian coke and 20,000 tonnes of imported coke.

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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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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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