Sugar news from Russia, Belarus, Ukraine and Kyrgyzstan, Oct 07, 2016

Latest news are available in our daily reports.

RUSSIA

The volume of imports of sugar from non-CIS countries has made 27.1 million US dollars in September 2016 and has increased by 8.4% compared to September 2015, according to the Federal Customs Service of the Russian Federation.

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According to the Ministry of Agriculture, sugar beet was collected from the area of 507.3 thousand hectares (45.7% of the crop area) by October 6, 2016, bulk harvest makes 22.2 million tons with the average yield of 43.83 MT/ha.

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According to the rail cargo monitoring data by Sugar.Ru, in the 9 months of 2016 Russia has exported 11502 tons of white sugar by rail. Dynamics of exports shows a significant increase in shipments in August-September 2016 which has made 8.4 thousand tons against 440 tons in 2015. The major driver is low sugar prices, if in August and September 2015 the minimum price was RUR 38.8/kg (US$0.583/kg), then in 2016 it fell to RUR 33.5/kg (US$ 0.52/kg).

UKRAINE

According to "Ukrtsukor" the price of sugar in Ukraine remained unchanged after the abolition of state regulation of prices by the Cabinet of Ministers. Wholesale selling price of sugar during the week was stable at UAH 12.80-13.60/kg.

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By October 6, 2016 the 36 sugar mills operating in Ukraine have received almost 4 million MT of sugar beet including 3.31 million MT processed from the beginning of the season. Total volume of sugar produced has made 473,500 tons. The average sucrose content in beet is 17.87%.

KYRGYZSTAN

This year, the expected sugar beet harvest will exceed 500 thousand tons at the price of 3400 soms per ton, Turdunazir Bekboev, Minister of Agriculture, has informed. According to the official last year sugar beet was sown at 5,000 hectares, this year the crop area has reached 11 thousand ha.

BELARUS

By October 7, 2016 sugar beet was harvested from an area of 44 300 hectares (46.7% of the crop acreage), according to Ministry of Agriculture of the Republic of Belarus. Bulk harvest makes 1 817 300 tons with the average yield of 44.06 MT/ha. Sucrose content is 17.12% average.

Sugar.Ru

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