Russian, Kazakh and Ulrainian sugar news and sugar exports data from Belarus, Jul 21, 2016

Latest news are available in our daily reports.

RUSSIA

In the period July 12 to 18, 2016, consumer prices for sugar increased by 0.7%, from the beginning of the year - by 6.3%, according to Rosstat.

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According to the Ministry of Agriculture, a drop of 27.7% in production of sugar was recorded in January-May 2016 compared to 2015. The volume of white sugar import increased (18.2%), and import of raw sugar decreased (2.1 times) in comparison to January-May 2015..

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According to the data of price monitoring by Sugar.ru in the period July 14 – 21, 2016, the US dollar value continued to fall, and dropped by 0.7% (in July 14 – RUR 63.85 and on July 21 RUR 63.42 per US$ 1). Moscow RUR price of sugar increased by RUR 1.00 / kg (+ 2.09%), in Krasnodar – same RUR 1.00/kg (+ 2.15%). US dollar equivalent price of sugar in Moscow added $0.021/kg (+ 2.80%), in Krasnodar price grew by $0.021/kg (+2.88%).

UKRAINE

The State Institution "Agrarian Fund" estimates losses of the Ukrainian state at US$ 500 million the case the 67 000 MT of sugar, with prolonged validity period up to October 1 2016, are not sold. Acting Director General of the Fund, O.Lipovoy, has denied reports by the head of the association "Ukrtsukor" that the Agrarian Fund interventions landslides prices in the retail market and destroy the sugar industry in Ukraine.

KAZAKHSTAN

Shortage of sugar rallies in Kazakhstan, according to local press. The retail chains have introduced restrictions on the sale volume per capita. Unlimited volumes of sugar are offered at 320 Tenge/kg.

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Manufacturers claim that the growth is directly related to the cost of world raw sugar. Export of Kazakhstan made sugar in January-May to the neighbouring Russia and China has increased almost twice, and is driven by the devaluation of the local currency.

BELARUS

Exports of the Republic of Belarus in January - May 2016 by country

HS group

Commodity

Country

MT

US$ x1000

January - May 2016
to Jan-May 2015
by weight, %

170199

OTHER SUGARS

1000 mt

146

74012,8

84,6

CIS countries

145

73852,2

84,5

Kazakhstan

1

251,1

2,3

Moldova

-

22,1

85,4

Russian Federation

128

65581,7

95,2

Tajikistan

2

901,2

100

Turkmenistan

99,9

в 8,8 р.

Ukraine

14

6996,2

в 17 р.

non-CIS countries

160,6

195,3

of which EU

-

0,1

-

Georgia

147,4

179,9

Netherlands

-

0,1

-

USA

13,1

1702

OTHER SUGARS

MT

609

261,4

48,7

CIS countries

609

261,4

48,7

Kazakhstan

2

4

в 38 р.

Russian Federation

607

257,4

48,6

1703

MOLASSES

MT

15777

1158,2

32,5

non-CIS countries

15777

1158,2

34,3

of which EU

15777

1158,2

34,3

Germany

549

32,9

7,2

Latvia

5379

389

93,3

Lithuania

9849

736,3

39,2

1704

SUGAR CONFECTIONERY

MT

2046

2973,7

100,8

CIS countries

1928

2663

101,1

non-CIS countries

118

310,7

95,9

of which EU

77

124,2

89,8

2202

WATER WITH SUGAR

1000 l

21097

8781

111,6

CIS countries

18257

8002,4

117,2

non-CIS countries

2840

778,6

85,3

of which EU

2647

664,4

83,9

230320

BEET PULP

MT

476

12,5

1,8

non-CIS countries

476

12,5

1,8

of which EU

476

12,5

1,8

Latvia

428

11,3

20,9

Lithuania

48

1,2

0,2

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