Russian and CIS sugar news, Jan 22, 2019

Latest news are available in our daily reports.

RUSSIA

The fluctuation of sugar prices will be insignificant in January-April 2018, by a fraction of a percent, IKAR predicts.

“Zainsky Sugar” finished the sugar beet processing season, with 1,081 thousand tons processed, 159.5 thousand tons of granulated sugar produced at an average production yield of 15.15%.

According to the figures by Williams Brasil dated January 22, 2019, total 17 vessels have been nominated to carry 634894 MT of raw cane sugar in 2018-2019 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 471894 MT from 13 vessels, based on Sugar.ru data.

UKRAINE

By January 21, 2019 Ukraine has used only 17% of the quota (20.07 thousand tons total) for duty-free sugar exports to the EU.

AZERBAIJAN

According to the customs service of Azerbaijan, processed by Sugar.ru, in December 2018, exports of sugar and raw sugar amounted to 3.32 thousand tons, in just 12 months of 2018 - 44.09 thousand tons (in 2017 - 61.21 thousand tons) In December 2018, imports of sugar and raw sugar amounted to 9.17 thousand tons in January-December 2018, totaling 238.77 thousand tons (in 2017 - 368.72 thousand tons).

Sugar.Ru

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