Business news from Ukraine

DTEK REDUCES COAL IMPORTS BY 24% IN Q1

DTEK Group in January-March 2019 reduced coal imports by 24.1% (224,700 tonnes) compared to the same period last year, to 707,700 tonnes, according to a press release from the company.
In the first quarter, DTEK enterprises increased production of coal by 1.3% compared to the same period of 2018, to 6.476 million tonnes.
In particular, the production of G and DG grade coal (Ukraine) in January-March 2019 increased by 0.4%, to 5.782 million tonnes. Production of A grade coal by Obukhovskaya mine (the Russian Federation) for this period increased by 9.9%, to 694,600 tonnes.
Concentrate output rose by 1.4%, to 2.843 million tonnes. In particular, output at third-party processing plants in Ukraine decreased by 74.7%, to 58,000 tonnes, while at Obukhovskaya mine rose by 33.2%, to 472,900 tonnes.

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UKRAINE IMPORTS GAS FOR $400 MLN IN THREE MONTHS

Ukraine in January-March 2019 imported 1.555 billion cubic meters of natural gas for a total of $399.313 million, in particular in March 831.367 million cubic meters for $196.101 million, according to the State Statistics Service.
Thus, the average price of gas imported by the country in March 2019 was $235.9 per 1,000 cubic meters, which is 13.7% less than in February 2019 ($273.3).
The country’s contractors in the first quarter of 2019 were companies from Switzerland with 524.087 million cubic meters of gas for $131.787 million, Germany with 332.802 million cubic meters for $87.137 million, Poland with 235.554 million cubic meters for $51.566 million, Austria with 189.426 million cubic meters worth $57.046 million, France with 71.759 million cubic meters for $17.953 million, the UK with 63.022 million cubic meters for $18.525 million, Hungary with 53.457 million cubic meters worth $11.736 million, Luxembourg with 44.049 million cubic meters for $13.262 million, the Czech Republic with 39.475 million cubic meters for $9.822 million, Slovakia with 1.792 million cubic meters for $479,000, and Bulgaria with 400,000 cubic meters for $1,000.
Gas was not imported from Russia in the period.

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UKRAINE BANS IMPORTS OF RUSSIAN CEMENT, PLYWOOD

The Ukrainian government has broadened its list of banned Russian commodities to include Portland, alumina, blast furnace, sulfate resistant, and similar types of neat cement, both dyed and non-dyed, ready-to-use or clinker, as well as plywood, veneered boards, and similar plywood materials.
The decision was made at a government meeting on Wednesday.
“It is prohibited to import into Ukraine such groups of Russian commodities as industrial goods, mineral fertilizers, agricultural products, and transportation vehicles, including cement and plywood,” the Ukrainian First Deputy Prime Minister and Economic Development and Trade Minister, Stepan Kubiv, said presenting the resolution.
According to the Ministry of Economic Development and Trade, Ukraine imported almost $17 million worth of cement products from Russia in 2018, while plywood imports amounted to $19.7 million over that period.

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IMPORTS OF TRACTORS TO UKRAINE INCREASES FIVEFOLD TO 113,200 UNITS IN 2018

Imports of tractors to Ukraine last year increased almost fivefold compared to 2017, to 113,200 units, of which 2,200 are used machinery, the Ukrainian Agribusiness Club (UAC) has said.
According to the association, in monetary terms, tractors were imported for $431 million, which is 12.6% less than in 2017.
“In quantitative terms, the total import of tractors grew in 2015-2016 and in 2018, while in 2017 there was a significant subsidence. Most of this equipment was imported last year,” the association noted.
According to the UAC, if in quantitative terms imports of tractors were growing from year to year, then in value terms it reached its peak value in 2017, and in 2018 the figure was falling.
“With regard to used tractors, in general, in the four years under consideration, their share in the total number of imported machinery was about 4%. This is significantly less compared to harvesters, where this segment occupied half of all deliveries from abroad,” the association noted.

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UKRAINE INCREASES IMPORTS OF COPPER BY 30% IN Q1 2019

Ukrainian enterprises increased imports of copper and copper products in terms of money by 19.7% in January-March 2019 compared with January-March 2018, to $27.419 million.
Exports of copper and copper products decreased 57.4% over the year to $19.412 million, according to customs statistics released by the State Fiscal Service of Ukraine.
In March, copper and copper products were imported to the tune of $11.753 million, and copper exports were estimated at $7.739 million.
In addition, Ukraine in January-March 2019 increased imports of nickel and products made of it by 3.4%, to $24.133 million (imports in March were estimated at $8.338 million), while imports of aluminum and products made of it fell by 4.4%, to $78.605 million ($27.829 million). Imports of, lead and products made of it rose by 11.8%, to $3.193 million ($0.918 million) and imports of tin and products made of it decreased 38%, to $0.809 ($0.45 million). Imports of zinc and zinc goods decreased 43.1%, to $12.237 million ($4.986 million).
Exports of aluminum and products made of it decreased 33.5% in January-March 2019, to $23.888 million ($8.836 million in March alone), while shipments of lead abroad decreased 49.8%, to $5.285 million ($2.302 million). Exports of nickel fell by 70.8%, to $0.671 million ($0.265 million in March).
Zinc exports in January-March 2019 amounted to $0.197 million (some $0.111 million in March) compared to $0.042 million in January-March 2018.
Exports of tin and products made of it in January-March 2019 were estimated at $0.02 million (some $0.005 million in March) compared to $0.257 million in January-March 2018.

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UKRAINE SIGNIFICANTLY INCREASES IMPORTS OF CHEESE IN Q1 2019

Ukraine in January-March 2019 exported 1,650 tonnes of cheese, which was 14% less that in January-March 2018.
According to customs statistics released by Ukraine’s State Fiscal Service (SFS), cheese exports in monetary terms amounted to $5.8 million, which was 19% lower than the figure for the first three months of 2018.
At the same time, imports of cheese in January-March 2019 totaled 4,000 tonnes, which was 43% more than in January-March last year. The imports in monetary terms increased 31%, to $18.9 million.
Exports of Ukrainian creamery butter in January-March 2019 decreased 35%, to 5,900 tonnes. The exports in monetary terms decreased 38%, to $23.8 million. Imports of creamery butter, according to the SFS, decreased by 33%, to 211 tonnes ($1.44 million).
In January-March 2019, exports of condensed milk and cream decreased by 23%, to 5,900 tonnes. Ukraine supplied condensed milk and cream to the tune of $11.3million, which was 13.6% less than in January-March 2018. Their imports decreased 10.6%, to 468 tonnes ($970,000).
As was reported, Ukraine in 2018 imported 13,720 tonnes of cheese (37.1% up from 2017) and exported 8,340 tonnes of cheese (7.8% down from 2017).
Last year, exports of butter remained at the level of 2017, imports increased slightly, to 1,100 tonnes.
Exports of condensed milk and cream totaled 35,550 tonnes (24.1% down from 2017), imports were 2,360 tonnes (38.6% up from 2017).

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