Sugar news from Russia, Armenia and Ukraine, Aug 08, 2018

Latest news are available in our daily reports.

RUSSIA

The group of companies "Rusagro" completed the production of sugar from the extract. The processing of the extract obtained from molasses at the desugaring station in the Tambov region lasted from March to May and in July. As a result, the volume of production of sugar extraction in 2018 amounted to 37.7 thousand tons, according to a press release of the company.

According to the analysis of customs declarations of FCS conducted by Sugar.ru, in June 2018 Russia has imported 29.1 thousand tons of white sugar. According to the results of 6 months of white sugar import campaign, Russia has shipped in 144.5 thousand tons (in 2017 - 148.3 thousand MT; in 2016 - 163.2 thousand MT). In the period January - June 2018, the main countries exporters of white sugar to Russia were BELARUS (86.83%) and POLAND (8.56%).

In June 2018 Russia has exported 224.7 thousand tons of white sugar. According to the results of 6 months of white sugar export campaign, Russia has shipped out 224.7 thousand tons (in 2017 - 212.2 thousand MT; in 2016 - 3.2 thousand MT). In the period January - June 2018, the main countries importers of white sugar from Russia were UZBEKISTAN (48.20%) and KAZAKHSTAN (25.16%).

ARMENIA

In Armenia, the average consumer price of sugar decreased by 4.8% in July 2018 compared to the previous month, Sugar.ru was informed by the National Statistical Service of Armenia. In annual terms (July 2018 to July 2017), consumer sugar prices decreased by 16.8%.

UKRAINE

According to the analysis of the State Fiscal Service of Ukraine, conducted by Sugar.ru, for 7 months (January-July) in 2018, export of sugar (HS code 1701) in July 2018 was 36,599 tons, from the beginning of 2018 – 364,078 tons (in January- July 2017 - 407,579 tons). Since the beginning of 2018, imports of other sugars (HS code 1702) amounted to 15675 tons (in January-July 2017 - 5847 tons); export of other sugars - 20958 tons (in January-July 2017 - 44101 tons).

In July, 87% of sugar was delivered to Uzbekistan. The largest importers of sugar from Ukraine, since the beginning of the year in monetary terms, are Uzbekistan (48.13%), Turkey (10.83%) and Libya (10.81%).

Sugar.Ru

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