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RUSSIA
According Soyuzrossakhar, industrial sugar consumers have been facing serious problems in timely payment over the past 2 months for sugar previously supplied. The largest producers of sugar "Rusagro" and "Prodimex" temporarily suspended deliveries of its production to the factories owned by "United Confectioners" because of non-payment. Total debt of "United Confectioners" to "Rusagro" and "Prodimex" makes over RUR 220 million today.
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According Soyuzrossahar, the Russian Federation has planted 633,200 hectares with sugar beet by April 28 (63.7% of projected crop area). In 2014 on same date 680,600 hectares ware planted.
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According to figures by the Ministry of Agriculture dated April 28, 2015 sugar beet was planted on an area of 626,500 hectares, or 63.9% of the forecast (in 2014 - 679,500 hectares).
UKRAINE
Agricultural enterprises in Ukraine (excluding those in the Republic of Crimea and Sevastopol) were selling sugar at an average of UAH 7378.4/MT excluding VAT in March 2015 (or 19.8% higher than in March 2014).
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Farmers in the country have planted 221 thousand hectares of sugar beet by April 28, which makes 80% of the forecast (in 2014 the progress was 320 thousand hectares/
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КОММЕНТАРИИ