Sugar news from Russia and Kazakhstan, Dec 12, 2018

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According to the analysis of the FCS data conducted by Sugar.Ru, in October 2018, Russia exported 103.2 thousand tons of molasses. Following the results of 10 months, molasses’ exports from the Russian Federation amounted to 612.9 thousand tons (in 2017 - 509.4 thousand tons, in 2016 - 345.2 thousand tons). For the period January - October 2018, the main countries-importers of molasses from the Russian Federation - Turkey (43.45%) and Spain (16.89%).

KWS Seed Plant LLC received the status of residents of a special economic zone in an industrial-production type Lipetsk (Lipetsk special economic zone). The construction of a plant for the production of hybrid seeds of sugar beet with the use of the latest European technologies is projected. Total investment - 1.2 billion rubles. Production is scheduled for 2022, the KWS representative said.


According to the analysis of data by the Federal Customs Service of Kazakhstan, conducted by Sugar.Ru, in 10 months (January - October) of 2018 the trade balance with the EEA countries is as follows: export of white sugar in solid state (HS code 170199) has made 1762,3 MT, import - 174,7 thousand MT.



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