Russian and CIS sugar news, Dec 26, 2017

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Since the beginning of the season and as of December 26, sugar factories of Tatarstan have received 2 353.8 thousand tons of sugar beet, including 1868.1 thousand tons processed, 274800 tons of sugar produced, average production yield makes 14.9%, according to the Ministry of Agriculture and Food. JSC "Zainsky Sugar" produced 141086 tons of sugar, LLC "Buinskiy sugar" - 87728 tons, JSC "Nurlatsky sugar" - 45986 tons.


According to Statkom of Kyrgyzstan, sugar production has increased over the month by 40.84% in November 2017 and has made 24302.8 tons (in November 2016 - 12417.4 tons, in November 2015 - 12395.2 tons). Total 78800 tons of sugar have been produced in January-November 2017 (in January-November 2016 - 57308 tons).


According to Ukrstat, as of December 20, 2017, the average consumer price of sugar in Ukraine was 12.67 UAH/kg (26.64 rubles/kg at the Central Bank exchange rate for the reporting day), which is 0.87% less than the price of the previous observation date 9 days ago. Over the year (since December 20, 2016) sugar has decreased in price by 14.45%, in two years (since December 18, 2015) the price of sugar has decreased by 16.26%. The highest prices are observed in the Lugansk region - 13.27 UAH/kg, the lowest - in the Sumy region, 11.93 UAH/kg.


Sugar factories in Tashkent and Khorezm regions of Uzbekistan have temporarily suspended operation and sent employees on leave at their own expense. According to official data, after the devaluation of the national currency, both plants worked at a loss and could not pay wages to employees



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