Sugar news from Russia, Ukraine and Kazakhstan, Jan 31, 2019

Latest news are available in our daily reports.

RUSSIA

According to Sugar.ru price monitoring data for the period from 24.01.2019 to 31.01.2019 the US dollar rate dropped by -0.4% (on 24.01 - RUR 66.33/$, on 31.01 - RUR 66.10/$). Ruble Moscow wholesale price for sugar dropped by RUR 0.90/kg (-2.35%), Krasnodar wholesale price dropped by RUR 1.00/kg (-2.78%). US dollar Moscow wholesale price for sugar dropped by $0.011/kg (-1.91%), Krasnodar wholesale price dropped by $0.013/kg (-2.39%).

The wholesale sugar prices continue to fall. The price level reached RUR 35/kg, and there are even lower offers, but so far they have not become widespread. At the auction for the supply of sugar to network retailers, the price fell to RUR 34/kg, which serves as a new price guide for the market.

Deliveries of raw sugar to Kazakhstan and Uzbekistan continue. Since the beginning of the season, 55 thousand tons have already been shipped to Kazakhstan, 166 thousand tons - to Uzbekistan and 42 thousand tons are in the seaport of Novorossiysk. There are no shipments of white sugar from outside the EEU by the Russian railway to Kazakhstan, the last deliveries were in January 2018 (1,343 tons).

According to Sugar.Ru railway monitoring data, in January 2019, Russia imported 27094 MT of sugar. The largest exporting countries to Russia were Belarus (99.00%) and Ukraine (1.00%, deliveries from Radekhovsky sugar plant to the Kaliningrad region). Russian exports amounted to 8784 MT, the main countries receiving sugar were Kazakhstan (93.07%) and Kyrgyzstan (6.18%). Domestic shipments amounted to 99082 MT, the largest volume of shipments made Lebedyansky (10.74%) and Cheremnovsky (9.62%) sugar plants.

According to Soyuzrossahar, 5857 thousand tons of white sugar were produced from the beginning of the season till January 28 (in 2018 - 6366 thousand tons). Taking into account the “syrup processing scheme” at Dobrinsky sugar plant (about 50 thousand tons) and manufacture of sugar from molasses (about 60 thousand tons), the expectation of sugar production for the season will be 5.9-6.0 million tons.

UKRAINE

According to Ukrstat data, processed by Sugar.Ru, the production of beet pulp decreased over the month by 69.97% in December 2018 and has made 557410.0 MT (in previous month - 1855904.0 MT, in December 2017 - 989814.0 MT). Total 6058810 MT of beet pulp have been produced in January-December 2018 (in January-December 2017 - 7005494 MT). The stocks of beet pulp decreased to 1134729,0 MT in December 2018 (-7.17% vs. previous month, +2.43% vs. December 2017 and +2.43% vs. December 2017).

KAZAKHSTAN

According to the analysis of data by the Bureau of national statistics of Kazakhstan, conducted by Sugar.Ru, the trade balance for 10 months (January - October) of 2018 with countries outside the CU area is as follows: sugar imports (HS code 1701) amounted to 146.44 thousand tons, exports - 48.32 thousand tons The main imports of raw sugar came from Brazil (101 thousand tons) and Cuba (30 thousand tons), white sugar - from Poland (12 thousand tons) and the Netherlands (3 thousand tons). Most of white sugar exports went to Uzbekistan.

Sugar.Ru

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