Russian, Ukrainian, Kazakh and Kyrgyz sugar news, Dec 11, 2017

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According to the Ministry of Agriculture, on December 8, 2017, sugar beet in the country was harvested from the area of 1171.1 thousand hectares or 99.5% to the crop area (in 2016 - 1.1 million hectares).

In Russia, the average consumer price of granulated sugar in November 2017. amounted to 37.48 rubles per 1 kg., which is 2.33 rubles. less than a month ago, reports Rosstat.


According to the analysis of Statkom of Kazakhstan, production of sugar and molasses increased over the month by 186.15% in October 2017 and has made 44545.0 tons (in October 2016 - 32106.0 tons, in October 2015 - 41009.0 tons). Total 286727 tons of sugar and molasses have been produced in January-October 2017 (in January-October 2016 - 371396 tons).


According to Gosstat, prices for sugar from producers increased by 5.5% in November 2017 and on an annualized basis (November 2017 by November 2016) - decreased by 2.5%. In November 2017, consumer prices for sugar in the country decreased by 5.9%, and on an annualized basis (November 2017 by November 2016) - by 2.4%.


According to Statkom, average consumer sugar prices were 48.58 KGS / kg, in November 2017  (-0.71% compared to the previous month, -9.31% YTD and -11.86% by November 2016) or 40,90 rubles / kg at the rate of the Central Bank of the Russian Federation for the middle of the reporting month.



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