Russian and Ukrainian sugar news, Jul 25, 2016

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RUSSIA

According Soyuzrossakhar, the dynamics of sugar beet growth in Russia as of 21.07.2016 looks as follows (average figures):

  • beet weight -268 g (2015 -256 g; 2014 - 289 g);
  • weight of foliage -303 g (2015 -366 g; 2014 - 370 g);
  • sucrose content - 13.07% (2015 - 11.44%; 2014 - 12.81%).

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The property "BelSugar" Ltd is for sale. The subject of the auction is: Lot №1 - real estate, movable property, manufacturing equipment, construction, claims of "BelSahar".

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The property "Kuban Sugar Company" LLC will be sold at an auction site of the electronic platform of "Tender guarantee"; starting price – RUR 640 470 00.

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According to the analysis of the FCS customs declarations for June 2016, Russia has imported 3500 tons of white sugar from countries outside the Customs Union. At the end of 6 months the volume of imported white sugar to Russia has made 22.1 thousand tons (in 2015 - 24.7 thousand tons, in 2014 - 51.1 thousand tons). For the period January - June 2016, the main countries to export refined sugar to Russia were Poland (55.15%) and Lithuania (21.62%). The largest importers of white sugar in 6 months of 2016 are the companies "Rostrading" (24.36%) and "Baltoptprodtorg" (20.27%).

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In June 2016 Russia has exported 200 tons of white sugar to countries outside the Customs Union. At the end of 6 months, the export of white sugar from Russia has reached 1.0 thousand ton (in 2015 – 0.9 thousand tons, in 2014 – 0.4 thousand tons). The major countries importing sugar from Russia are Mongolia (34.78%) and Abkhazia (26.33%) in the period January-June 2016. The largest exporters of white sugar for 6 months are OAO "Znamensky Sugar Plant – Branch Zherdevsky" (18.99%) and JSC "Valuykisahar" (18.86%).

UKRAINE

Horostkovsky sugar factory in the Ternopol region will resume beet processing this season earn, according to the regional administration.

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As of July 22 2016, Ukrainian sugar mills offer sugar at wholesale price of UAH 12.50-12.90/kg (around RUR 32.55-33.85/kg at the current rate of the Central Bank of Russia), informs "Ukrtsukor". For a week the minimum and maximum prices of sugar have decreased by 0.8% and by 1.5% respectively.

Sugar.Ru

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