Ukrainian agricultural firms rise on hopes of reopening grain ports

Agroton Public

22/07/2022 09:19

** Shares in Ukrainian agricultural companies listed in
Warsaw jump on Friday on hopes that a deal to reopen Black Sea
ports is near
   ** Russia and Ukraine will sign a deal on Friday to reopen
Ukraine's Black Sea ports for grain exports, Turkey said
 urn:newsml:reuters.com:*:nL1N2Z22UR
    ** Kernel Holding  KER.WA , Ukraine's largest producer and
exporter of sunflower oil, jumps 12%, while major white sugar
producer, Astarta  ASTH.WA  rises 10%
    ** Ukrainian agricultural producers Agroton  AGTP.WA  and
KSG Agro  KSG.WA  also jump 11% and 6%, respectively
    ** "It is said today that (Ukraine) has the capacity to
export only 7 million tonnes (of grain) by rail annually, while
it is about 55 million tonnes per year by sea," said Erste
analyst Jakub Szkopek
    ** Szkopek also noted that Kernel's margins on grain export
should be "very very decent"

    
    

    

 (Reporting by Anna Banacka)
 ((Anna.banacka@thomsonreuters.com
+48 58 769 65 65))