Sugar news from Russia and Ukraine, Jan 29, 2019

Latest news are available in our daily reports.

RUSSIA

According to Rosstat, 178 thousand tons of chocolate and sugar confectionery products were produced in the Russian Federation in December 2018 (-10% compared to the last month and + 7.5% by December 2017). A total of 1891 thousand tons of chocolate and sugar confectionery products was produced in January-December 2018 (+ 5.6% by 2017).

According to the figures by Williams Brasil dated January 29, 2019, total 18 vessels have been nominated to carry 654494 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 518394 MT from 14 vessels, based on Sugar.ru data.

UKRAINE

According to Statkom of Ukraine data, analyzed by Sugar.ru, wholesale price of sugar from producers increased over the month by 1.03% in December 2018 and has made 9129.93 UAH/MT (in previous month - 9037.02 UAH/MT, in December 2017 - 10263.61 UAH/MT). Russian rouble equivalent price (at the exchange rate of the Russian Central Bank for the middle of the reporting month) has decreased over the month by 1.25% in December 2018 and has made 21794.33 RUB/MT (in previous month - 22070.30 RUB/MT, in December 2017 - 21999.23 RUB/MT). USD equivalent price (at the exchange rate of the Russian Central Bank for the middle of the reporting month) has increased over the month by 1.07% in December 2018 and has made 328.061 USD/MT (in previous month - 324.575 USD/MT, in December 2017 - 374.722 USD/MT)

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