Price monitoring data by and news from Georgia, Aug 24, 2017

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The Ministry of Agriculture has addressed the Ministry of Health with the comments and amendments to the "Strategy for the formation of a healthy lifestyle for the population until 2025". It is proposed to remove information about the harm of sugar to the health from the document.


According to the Ministry of Agriculture, as of August 23, 2017, sugar beet in the country was harvested from an area of 52.4 thousand hectares or 4.4% of the sown area (in 2016 - 49.9 thousand hectares). According to Soyuzrossahar, the average national indicators for sugar beet as of August 21, 2012 are as follows:

  • The weight of beet – 460g (in 2016 – 482g, in 2015 – 462g),
  • The weight of tops – 355g (in 2016 – 309g, in 2015 – 393g).
  • Sugar content -15.88% (in 2016 - 14.49%, in 2015 - 15.66%).


Consumer prices for sugar in Russia decreased by 0.8% from August 15 to August 21, 2017; since the beginning of the year - by 1.6%, according to Rosstat.


When I thought I had already reached the bottom, they knocked from there.

Stanislaw Jerzy Lec

According to price monitoring by for the period from August 17, 2017 to August 24, 2017, the US dollar value dropped by 0.9% (on August 17 - 59.65 rubles / $, on August 24 - 59.13 rubles / $). The ruble Moscow wholesale price for sugar fell by 3.40 rubles/kg (-10.66%), the Krasnodar wholesale price went down by 2.90 rubles/kg (-9.76%). The US dollar wholesale Moscow sugar price fell by $ 0.053/kg (-9.91%), the wholesale Krasnodar price went down by $ 0.045/kg (-9.04%).

Over the past week sugar prices continued to fall; Rusagro was the leader, declaring a price of 25.5 rubles per kilogram for railcar load deliveries with shipment in 2 weeks. Average spot prices prevail in the range of 26.5-27 rubles / kg. A number of medium-sized companies have suspended trade with sugar at such low prices, Prodimex and Dominant officially declare 27-27.5 rubles per kilogram, but judging by active rail shipments from sugar plants to regular customers, they actually sell sugar at a discount from this price. One of the explanations for such low prices is that the price of sugar beets bought by the factories is formed based on the price of sugar. Second – the expectations of a significant surplus of sugar, however, both factors working in combination is another version.

Exports of white sugar by rail continue to remain at the level of June or slightly higher, on August 24, total 8.5 thousand tons were exported from Russia by rail (9.5 thousand tons in June). Sugar beet in its development slightly lags by the weight of the root from the progress made last year, but sucrose content in beet is almost half percent ahead of last year. Considering the increase in acreage, the preliminary estimate of the harvest exceeds one in previous season.


According to the National Statistical Committee, the country has imported white sugar for total $ 23.7 million in January-July, 2017 (US$ 11.4 million in 2016). In July, for the first time this year, sugar exports have occurred for total $ 1.2 million, thus representing total exports for 7 months of 2017 (in 2016 - $ 87.2 thousand).



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