Sugar news from EEU, Russia and Ukraine, Dec 04, 2018

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According to the figures by Williams Brasil dated December 4, 2018, total 12 vessels have been nominated to carry 438894 MT of raw cane sugar in 2018 season from Brazilian seaports to the Black/Baltic seaports with end-receivers in CIS, Georgia and Baltic states. As of today, the volume received and unloaded makes 408894 MT from 11 vessels, based on Sugar.Ru data.


According to Sugar.Ru railway monitoring data, in November, total 52.4 thousand tons of Ukrainian sugar was delivered transit by Russian railways. Most of the volume was delivered to Uzbekistan (39.7 thousand tons). The leader in shipments in 2018 is Teofipolsky sugar plant, which has shipped 5.6 thousand tons of white sugar by rail transit Russia since the beginning of the year.

In January-October 2018, the total sales of sugar produced in the country amounted to UAH 11,562.6 million excluding VAT and excise (about 27 080 million rubles at the average monthly rate of the Central Bank of the Russian Federation in October 2018– UAH 1 = RUR 2.34204). The amount of sugar sold outside the country amounted to UAH 1099.3 million (about 2 575 million rubles.), which makes 9.5% of the total sales volume.


The duty on the import of raw sugar to the Customs Union in December 2018 dropped to $ 240 per metric ton. The average monthly price for raw sugar at the The ICE exchange was $ 281.94/MT in November 2018, respectively, in January 2019, the import duty will rise to $ 250 / ton.



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