Russian and CIS sugar news, Oct 24, 2017

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According to Rosstat, the stock of sugar with large and medium wholesale organizations has made 78 248.78 tons in September 2017.


According to Rosstat, sales of sugar by large and medium wholesale organizations amounted to 287 700 tons in September 2017; total since the beginning of the year – 2 005 thousand tons (in 9 months of 2016 – 1 467 thousand tons).


According to the figures by Williams Brasil dated October 24, 2017, total 21 vessels have been nominated to carry 748020 MT of raw cane sugar in 2017 season from Brazilian seaports to the Black/Baltic seaports with end-receivers in CIS, Georgia and Baltic states. As of today, the volume received and unloaded makes 642020 MT from 18 vessels, based on data.


According to Ukrstat, as of October 20, 2017, the average consumer price of sugar in Ukraine was 14.19 UAH/kg (30.82 rubles/kg at the Central Bank exchange rate for the reporting day), which is 5.71% less than the price of the previous observation date 10 days ago. Over the year (since October 20, 2016) sugar has grown in price by 2.45%, in two years (since October 20, 2015) the price of sugar has decreased by 1.39%.

The highest prices are observed in the Dnepropetrovsk region - 15.03 UAH/kg, the lowest - in the Khmelnitsky region, 13.16 UAH/kg.


According to Ukrstat, the production of sugar in September 2017 amounted to 286.0 thousand tons (in September 2016 - 352.0 thousand tons). Total 297 thousand tons of sugar has been produced since the beginning of 2017 (since the beginning of 2016 - 305 thousand tons).


In 2017, Cygnet has invested $ 2.7 million in the sugar refinery in Zhitomir region, and as a result, in 2017 the plant is capable to produce up to 30,000 tons of sugar.


According to the customs service of Azerbaijan, in September 2017 the export of sugar amounted to 3.3 thousand tons, in just 9 months of 2017 - 52.3 thousand tons (in 2016 - 89.3 thousand tons). Imports of sugar and raw sugar in June amounted to 34.3 thousand tons in January-June 2017 - 267.4 thousand tons (in 2016 - 319.9 thousand tons)


Moldova has addressed the European partners with request to increase quotas for the export of sugar to the EU from current 37.4 thousand tons to 50 thousand tons.



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