Russian and Kazakh sugar news, Aug 06, 2018

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Following the sugar factories which were launched at the end of last week, the Gulkevichsky plant has started its juice extracting season. The start-up of the Leningrad and Tikhoretsky plants is expected by August 10, Pavlovsky - by August 15. Dobrinka plans to start shipping sugar of the new season on August 19. Forward contracts are offered at a price of 29 rubles per kilo.

According to the railway monitoring data by, the main exporters of Russian white sugar in the season of 2017/18 are Prodimex (207.9 thousand tons), Sucden - 68.6 thousand tons) and Rusagro (56.3 thousand days). A total volume of 444.8 thousand tons of white sugar were shipped for export during the season.


According to Statkom of Kazakhstan, the producer price of white sugar increased by  1.14% and amounted to 161289 Tenge/kg in July 2018 (excluding excises and VAT), or RUR 29216.05/kg (at the rate of the Central Bank of the Russian Federation by the middle of the reporting month).



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