Sugar news from Russia, Ukraine and Kazakhstan, Dec 14, 2018

Latest news are available in our daily reports.

RUSSIA

Two of the three sugar factories in Tatarstan have fully completed the processing of sugar beet, according to the republican Ministry of agriculture. The Nurlatsky Sugar Refinery processed 169.8 thousand tons of sugar beet with 28 thousand tons of sugar produced, which is 13.2 thousand tons less than last year. The Buinsky plant processed 491.2 thousand tons of beets and produced 85.7 thousand tons of sugar - 7.8 thousand tons more than last year. Beet processing continues at the Zainsky plant – as of today total 818.3 thousand tons were processed and 126.6 thousand tons of sugar produced.

KAZAKHSTAN

According to the analysis of Statkom of Kazakhstan, conducted by Sugar.ru, production of sugar and molasses increased over the month by 163.06% in October 2018 and has made 14626.0 tons (in previous month - 5560.0 tons, in October 2017 - 44545.0 tons, in October 2016 - 32106.0 tons). Total 194651 tons of sugar and molasses have been produced in January-October 2018 (in January-October 2017 - 286727 tons).

UKRAINE

According to Ukrstat, as of November 01, 2018, the average consumer price of 1 kg of sugar in Ukraine was UAH 14.24 (RUR 34.16 at the Central Bank exchange rate for the reporting day), which is 1.76% less than the price of the month ago. Over the year (vs. November 01, 2017) sugar has decreased in price by 13.17%, in two years (vs. November 01, 2016) the price of sugar has increased by 1.57%.

Sugar.Ru

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