Russian, Kazakh and Ulrainian sugar news and top-10 exporters of pulp from Ukraine, Jul 19, 2016

Latest news are available in our daily reports.

RUSSIA

The head of the Lipetsk region Oleg Korolev has approved the import commodities substitution plan, according to which the region will reach self-sufficiency with sugar beet seeds by 2020.

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According to the figures by Williams Brasil dated July 19, 2016, total 27 vessels have been nominated to carry 931 150 MT of raw cane sugar in 2016 season from Brazilian seaports to the Black/Baltic seaports with end-receivers in CIS, Georgia and Baltic states. As of today, the volume received and unloaded makes 654 150 MT from 19 vessels, based on Sugar.ru data.

UKRAINE

Ukrainian agricultural enterprises sold sugar at average UAH 11036.6/MT without VAT in June 2016, according to the State Statistics Service. The price of sugar on sale from farmers has increased by 38.8% compared to June 2015.

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Ukrgasbank has issued loan of UAH 47 million (RUR 119.74 million at the current rate) to Gnidaevsky sugar factory (Lutsk) for the construction of plant for the production of bioethanol, according to "Ukrtsukor".

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Rating of the largest exporters of pulp from Ukraine in September 2015 – June 2016, based on  "Ukrtsukor" data:

Exporting company

Volume (MT)

Value (US$)

1."Melagreyn"

11 360

 1 183 080

2."TEP-Vertical"

11 280

1 471 600

3."Agrofirma "im.Dovzhenko" OP
"Yareskivsky sugar factory"

10 140

1 219 590

4."Vinnitsa KHP №2"

6 980

1,205,470

5."Novoorzhitsky sugar factory"

6 300

811 470

6."Agroleon-Zahid"

1 990

250 640

7."Lviv-Interservice"

1 250

181 760

8."The first logistics company"

1 220

133 660

9."Food company "Podolie"

1 010

146 210

10."Firm "Astarta-Kyiv"

740

 88 660

KAZAKHSTAN

Kazakhstan has launched an antitrust investigation related to the shortage of sugar on the market of the region. The authorities argue that the markets of the North and East Kazakhstan received a sufficient amount of sugar and its deficit will end soon.

Sugar.Ru

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News in English (delayed)