Sugar production in Russia as of September 17

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RUSSIA

According to Soyuzrossahar, as of September 17, 2018, total 1.07 million tons of beet sugar was produced. The daily production of sugar exceeds 51 thousand tons, which is 4 thousand tons more than last year at that date.

According to the Ministry of Agriculture, as of September 18, 2018, sugar beet was harvested from an area of 308.9 thousand hectares or 27.4% of the area sown (in 2017 - 300.1 thousand hectares). Bulk harvest of 10.7 million tons was collected (in 2017, 12.5 million tons), with average yield of 34.52 MT/ha (in 2017 – 41.78 MT/ha).

Ukraine

According to Statkom of Ukraine data, analyzed by Sugar.ru, wholesale price of sugar from producers increased over the month by 1.08% and has made 9780.1 UAH/MT in August 2018 (in the previous month - 9675.8 UAH/MT, in August 2017 - 12746.2 UAH/MT). Russian ruble equivalent price (at the exchange rate of the Russian Central Bank for the middle of the reporting month) has increased over the month of August 2018 by 3.43% and has made 23 766.2 RUB/MT (in the previous month – 22 979.1 RUB/MT, in August 2017 – 29 747.6 RUB/MT). USD equivalent price (at the exchange rate of the Russian Central Bank for the middle of the reporting month) has decreased over the month by 3.48% and has made 356.0 USD/MT in August 2018 (in the previous month - 368.9 USD/MT, in August 2017 - 497.5 USD/MT) 

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