Russian and Ukrainian sugar news and minimum/maximum prices of white sugar from Kazakhstan, May 29, 2017

Latest news are available in our daily reports.

RUSSIA

The Ministry of Economic Development supported the proposal to tax the beverages with high sugar content, the Russian press reported. Last year, the Ministry of Finance offered to impose the beverages with addition sugar or other sweeteners with an excise tax of RUR 5 per liter.

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About 4 thousand hectares of sugar beet were destroyed by frosts in the Kursk region, 3 thousand hectares already reseeded, in the Lipetsk region the company "Trio" reseeded 8% of the beets. According to regional authorities and representatives of the companies, this will not affect the yield. In the Orel region, 1.5 thousand hectares of sugar beet were reseeded.

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On July 11, 2017, the property of the JSC "Girey Kuban sugar" (warehouse and land) will be put up for auction.

UKRAINE

Ukraine has increased beet sugar exports by 6.6 times in the current season, and entered the world's top 3 exporting countries, according to the Food and Agriculture Organization reported of the UN.

KAZAKHSTAN

According to Statkom, the average price of white sugar is KZT 234.91 per 1 kg, in the Republic of Kazakhstan.

The minimum and maximum prices in the cities by 20 may 2017

Minimum prices

city

price, KZT/kg

Change to the previous month, %

Karaganda

212

0,0

Uralsk

213

0,0

Aktobe

220

0,0

Maximum prices

city

price, KZT/kg

Change to the previous month, %

Semey

255

-0,4

Ust-Kamenogorsk

350

-0,4

Zhezkazgan

249

0,0

Sugar.Ru

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