Topic Of The Week
NEXT YEAR: WHAT IS IN THE CARDS?
For the third consecutive year, STC Psyche is the only company in Ukraine that can predict the situation in the country’s fuel market, not using Tarot or astrology, or reading tea leaves or occasionally tossing sandwiches, but relying on mathematical models. These models help significantly reduce uncertainty while decision-making and contribute to profit, and are superior to the ones used by the Energy and Coal Industry Ministry in its «price formula.»
Scandals
SCANDAL OF THE WEEK: Odesa Railways Demands Millions for Use of Railway Cars
SINTEZ-OIL HAS GETS RAILROADED
On November 15, 2011, the Higher Economic Court of Ukraine upheld a ruling taken by the Economic Court of Odesa region on October 22, 2010, according to which CJSC Sintez-Oil enterprise with foreign investments should pay UAH 7.17 million to Odesa Railways…
Forecast
ADVENT WONDERS
The international markets continue to be hypersensitive to political events, and therefore all market movements are currently based largely on rumors and speculations, while little attention is paid to macroeconomic statistics reports. Not even the rating agencies’ downgrading gets a reaction – following S&P, European countries’ sovereign ratings are to be reviewed by Moody’s…
ACTIVE WHOLESALE
According to the economic forecasts given by the Psyche Center on the basis of a regressive analytical model, the prices of major brands of fuel will not change significantly this week. In particular, the average retail price of A-92 and A-95 petrol under DSTU 4063:2001 standards will be UAH 10.03 and UAH 10.27 per liter respectively…
Trade
ALL ABOUT THE PRICE
Pending a decision by the Interdepartmental Commission on International Trade on fuel imports, Ukrainian media blossomed with new appeals «to support domestic producers.» Again, the Kommersant and Komsomolskaya Pravda in Ukraine newspapers showed that their journalists do not always bother to analyze the facts…
Anti-counterfeit Campaign
SERIOUSLY AND CONTINUOUSLY
Officials have again raised the issue of quality: sausage has again become the source of Premier Mykola Azarov’s concerns. Thus, speaking at a November briefing, the prime minister said meat and dairy foods had been checked in keeping with his instructions.
POOR QUALITY ON PENINSULA
As Terminal has learned, Donetsk’s Voroshilov district court has ruled that the Ukrainian Nefteprodukt company should fully compensate customers the costs of repairing their cars. This verdict is based on the fact that the Crimean trader sold the customer fuel that does not meet national standards…
You can read full articles in journal «Terminal: Oil Review» №51(585) 19 Dec 2011
