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Business news in Novorossiysk (page 4 of 11)

03/16/2018 16:30Russia. Strong demand from importers continued supporting wheat export prices    ( UkrAgroConsult )
The prices for milling wheat with 12.5% protein closed the week up another USD 1/MT in Novorossiysk port – at USD 208-210/MT FOB, March-April delivery. The 11.5% protein wheat prices and those for feed wheat gained on average USD 2-4/MT in Novorossiysk port reaching USD 202-205/MT FOB ...
03/16/2018 09:25Algeria buys less wheat as France trims export forecast    ( AgriCensus )
Offers for 12% protein milling wheat have been all but absent from the market in recent weeks, causing prices to rally over 16% since the start of the year to $206.50/mt FOB Up River. Russian 12.5% protein milling wheat is currently at $207/mt FOB Novorossiysk, up 9% from the start of the year, although ...
03/16/2018 09:25Is It Time To Buy Public Joint Stock Company Novorossiysk Commercial Sea Port (MCX:NMTP ...    ( Simply Wall St )
Public Joint Stock Company Novorossiysk Commercial Sea Port (MISX:NMTP) is currently trading at a trailing P/E of 5.1x, which is lower than the industry average of 18.2x. Although some investors may jump to the conclusion that this is a great buying opportunity, understanding the assumptions behind ...
03/14/2018 01:20Morning markets: Wheat futures gain on US crop ratings. Soy complex gains too    ( Agrimoney.com )
“Indeed, prices recorded in deep water ports like Novorossiysk slipped by -$2 a tonne to $208 a tonne.” SovEcon also pegged Russian Black Sea export prices at $208 a tonne, although that was a drop of $1.50 a tonne on its data. And Ikar too put the price at $208 a tonne, which on its estimates was a ...
03/10/2018 06:15Wheat commentary: Futures volatility back as market oversold    ( AgriCensus )
The Agricensus Russian milling wheat contract was up $1.75/mt to $208.50/mt FOB Novorossiysk as the ruble strengthened against the dollar, while a steady hryvnia kept the Ukrainian feed wheat number at $197.50/mt FOB Ukraine. Australian inland numbers were a bit calmer overnight as sellers ...
03/09/2018 08:25Wheat commentary: Cash quiet as world watches WASDE    ( AgriCensus )
The Agricensus Russian 12.5% protein assessment was $1 lower at $206.75/mt FOB Novorossiysk as a weaker ruble lowered inland prices and amidst a market kept quiet by a Russian holiday. As the Australian dollar strengthened overnight, sellers increased their offer price in the inland market as ...
03/07/2018 08:15GASC back in the market for April wheat despite futures rally    ( AgriCensus )
At the same time, 12.5% protein wheat prices from Russia – by far Egypt's biggest supplier – have increased 2.2% to $208.25/mt FOB Novorossiysk according to Agricensus data. At its previous tender on February 21 GASC bought 120,000 mt of Russian wheat at $223.50/mt CFR Egypt for delivery ...
03/07/2018 08:15Wheat commentary: HRW volatility continues as GASC is back    ( AgriCensus )
Staying in Russia, the Agricensus spot assessment for 12.5% protein wheat was moved up 50 cents on the day to $208.75/mt FOB Novorossiysk on the back of a stronger ruble against the dollar. May bids were up to $207/mt FOB NTT with an inverted market showing June at $206/mt. With new crop ...
03/06/2018 08:20Wheat commentary: Futures volatility persists into new week    ( AgriCensus )
On the cash market, the Russian 12.5% protein wheat assessment was increased $1.50 to $208.25/mt FOB Novorossiysk, reflecting the ruble's strengthening against the dollar Monday along with little movement in physical market. April wheat remains offered at $210/mt FOB Kavkaz, while new crop is ...
03/06/2018 08:20Russian exports another 1 million mt of grain in week to March 4    ( AgriCensus )
... mt this week, taking the 2017/18 marketing year total to 4.03 million mt – up 93.1% on the same stage last year. Corn exports for the week came to 181,000 mt – the third-biggest week to date in the 2017/18 marketing year – as vessels bound for Egypt and Libya were seen departing from Novorossiysk.
03/02/2018 21:40Delo Allowed to Buy Global Ports    ( http://seanews.ru (press release) (blog) )
The Russia Federal Anti-Trust Service (FAS) has granted Delo Group a permission to acquire 30.75% in Global Ports Investments PLC (126,814,024 voting common shares and 49,435,976 non-voting common shares). The deal covers the following assets: Global Ports Management Company, First ...
03/02/2018 21:40Russia. Steady price growth continued in the wheat export market last week    ( UkrAgroConsult )
On average, 12.5%-protein milling wheat prices in Novorossiysk port closed the week up another $1-2/MT at $204‑206/MT FOB, March-April delivery. Buoyant demand for Russian wheat remains from Egypt and Turkey. In addition, Russia stepped up exports of high-protein wheat to Vietnam. According ...
03/02/2018 21:40Sultan Batov Back to Baltic Stevedore from Novorossiysk    ( http://seanews.ru (press release) (blog) )
Sultan Batov, ex CEO of Novorossiysk Commercial Sea Port, was appointed CEO of Baltic Stevedore Company in Baltiysk, Kaliningrad region, w.e.f. February 5 this year. Previously, he had been CEO of Baltic Stevedore since 2002, when the company was established. In 2008, Baltic Stevedore was ...
03/02/2018 08:15Wheat commentary: Funds push futures rally further still    ( AgriCensus )
In the cash market, Russian prices were upped 25 cents to $205/mt FOB Novorossiysk with April offers still heard at $206/mt and the Agricensus assessment window moving into March-April delivery. APW prices were seen rising again on the back of stronger inland demand, with the Agricensus ...
03/01/2018 10:20Wheat commentary: US futures continue to surge on weather    ( AgriCensus )
Offered again at $206/mt FOB for April on Wednesday – and when combined with a moderately weaker ruble by 1600 in London – the Agricensus spot assessment gained 25 cents to $204.75/mt FOB Novorossiysk. Further out, the new crop market continues to take shape as 12.5% protein was ...
02/28/2018 02:25Wheat commentary: Futures driven further still by drought, cold    ( AgriCensus )
The dollar strengthened against most currencies Tuesday, and the ruble was no exception, pushing local wheat prices in Russia down and moving the Agricensus spot assessment 75 cents lower to $204.50/mt FOB Novorossiysk. In Australia inland bids were back up to AUD 280/mt overnight but were ...
02/24/2018 04:55Wheat commentary: Mixed futures end losing week at a loss    ( AgriCensus )
Russian milling wheat was up 25 cents to $203/mt FOB Novorossiysk on the back of a stronger ruble against the dollar and offers heard unchanged overnight in the region of $204/mt in the spot market. Ukrainian feed wheat remains hard to come by in the export market with only milling wheat typically ...
02/24/2018 04:55Russia. Wheat market was supported by buoyant demand from importers and currency factor    ( UkrAgroConsult )
Another bullish factor was buoyant demand from importers, reports UkrAgroConsult. On average, milling wheat prices in the Novorossiysk port closed the week up another $4-7/MT at $202‑205/MT FOB for 12.5%-protein wheat and $197‑200/MT FOB for 11.5%-protein wheat, for March-April delivery.
02/23/2018 00:15Russia's antitrust regulator gives Transneft green light on Novorossiysk Commercial Sea Port deal    ( PortNews IAA )
The Federal Antimonopoly Service of Russia (FAS) has granted a request filed by Fenti Development Ltd. on approval of a deal to control business of Novorossiysk Commercial Sea Port (NCSP) through the acquisition of 500 ordinary shares (50% of voting shares) of Omirico Limited. The FAS said the ...
02/21/2018 03:00Wheat commentary: Futures drop as dollar pushes cash down    ( AgriCensus )
The lower offer levels and a slightly softer ruble saw the Agricensus Russian wheat assessment lowered 75 cents to $203.50/mt FOB Novorossiysk. Staying in Russia, the ministry of agriculture reported 656,000 mt of grain has now been transported by rail to export markets under a subsidy scheme ...

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