Russian and Ukrainian sugar news, Mar 24, 2017

Latest news are available in our daily reports.

RUSSIA

It is planned to process 330,000 tons of sugar beet and produce 45,200 tons of granulated sugar at the Sergach sugar refinery this year.

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Reference: Sergach sugar factory with a capacity of 3000 tons of beet processing per day was put into operation in 1967. The DC on beet (as of January 1, 2017) is 3 000 tons. The sugar factory has three warehouses: a factory storage for beets with a capacity of 100,000 thousand tons at an area of 22 hectares; warehouse for finished sugar products with a capacity of 17,000 tons; raw sugar store with a capacity of 15,000 tons. In the season of 2016 the Sergach sugar refinery has processed 166.5 thousand tons of sugar beet and produced 24 thousand tons of granulated sugar, the Nizhny Novgorod regional Agriculture Ministry reports.

UKRAINE

ED&F Man Holdings Ltd. opens its office in Kiev, which will sell grain, sugar and molasses. Those sugar traders who dealt with the Black Sea region from London will move to Kiev.

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According to the State Statistics Committee, Ukraine has produced 14.5 thousand tons of sugar confectionery in February 2017 (+18.5% against the previous month and +9.5% vs. February 2016). The production of sugar confectionery products amounted to 26.7 thousand tons in January-February 2017 (+2.4% compared to 2016).

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