Sugar news from Russia and CIS countries, Aug 18, 2017

Latest news are available in our daily reports.


On Friday, August 18, 2017, the wholesale sugar price dropped to the level of 28.50 RUR/kg for self-picking by cars and to 27.50 RUR/kg for carload shipments with a delay of 2 weeks, when most of the plants in Central Russia will launch. This is 7-8 RUR lower than the minimum level of last August, on August 24, 2016, the sugar price dropped to 35.5 RUR/kg, and the absolute minimum of the last year was reached on January 26, 2017 - 29.5 RUR/kg.


The sugar production season started in the Kursk region, «Ligovsky» (Orion-Invest) and «Rylsky» (United confectioners) sugar plants the first began processing. In the first decade of September, all sugar plants already should work.

Also, the «Cheremnovsky sugar plant» (Altai region) has begun processing the first sugar beet harvest.


As of August 17, 2017, sugar beet was harvested from an area of 32.2 thousand hectares or 2.7% of the sown area (in 2016 – 27.1 thousand hectares), according to the Agriculture Ministry.

Sugar beet harvesting campaign started in the Tambov region.


The modernization of the «Koshoy» and «Kaindy-Kant» plants, which should be completed by October 1, 2017, will solve the problem of sugar beet sales in Kyrgyzstan and provide the country with its own sugar, said Prime Minister Sooronbay Jeenbekov.


In the village Linovitsa, the Chernigov region of Ukraine, there is the construction of biogas complex based on a sugar plant with a capacity of 2.4MW, sugar beet pulp will serve as the raw material.


According to Statkom, in January-July 2017 total 408196.5 tons of white sugar were sold (194.9% against the same period of the previous year) at an average price of 12531.7 UAH/ton.


Agrometeorological conditions in the second half of August will mainly contribute to sugar beet yield formation, which is still inferior to last year's figures, according Belhydromet reports.


The «Aksu sugar plant» plans to start beets processing in late October. Perspective production capacity is 300 tons of sugar per day.



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