Russian and CIS sugar news, Jan 28, 2019

Latest news are available in our daily reports.

RUSSIA

According to Rosstat data, processed by Sugar.ru, sugar stocks with the wholesale trade increased over the month by 4.56% in December 2018 and have made 160694.5 MT (in previous month - 153684.9 MT, in December 2017 - 386957.0 MT)

The industrial sugar manufacture in Krasnodar region has decreased by 17.9% in 2018 compared to 2017 season, according to KrasnodarStat.

UKRAINE

Agropromholding Astarta-Kiev has reduced sugar sales from 110.92 thousand tons in the fourth quarter of 2017 to 52.56 thousand tons in the fourth quarter of 2018. The average selling price of sugar decreased by 14% to UAH 9.59 thousand per MT.

BELARUS

Sugar stocks with industrial enterprises amounted to 341.2 thousand tons on January 1, 2019, which is 34.4% more than it was as of December 1, 2018, the Statkom RB informs.

The state regulation of prices for sugar, which, in particular, stipulated the price of sugar, including VAT, was to exceed 1.5 Bel rubles (about RUR 46) per kilogram, has ended on December 23, 2018, after which sugar prices in stores have decreased, according to the Belarusian press.

Sugar.Ru

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