Russian, Ukrainian and Kyrgyz sugar news, Feb 13, 2019

Latest news are available in our daily reports.

RUSSIA

The Federal Tax Service conducts tax audits with the participation of the Federal Security Service at one of Rusagro enterprises, Maxim Basov, the general director of the Rusagro group of companies, confirmed.

According to the figures by Williams Brasil dated February 12, 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 582094 MT from 16 vessels, based on Sugar.ru data.

UKRAINE

Ukrainian farmers may sow up to 220 thousand hectares with sugar beet in the current season of 2019, Ukrtsukor forecasts. In 2018 season sugar beet production in Ukraine amounted to 13.649 million tons. Beet yield has made 49.78 MT/ha average. Agrarians harvested 274.3 thousand hectares out of 275.8 thousand hectares sown.

KYRGYZSTAN

According to the analysis of data by the Statistical Committee of Kyrgyzstan, conducted by Sugar.ru, for January 2019 average consumer sugar prices were 47.48 KGS / kg (-0.82% compared to the previous month, -0.82% YTD and +0.98% by January 2018) or 45.67 rubles / kg at the rate of the Central Bank of the Russian Federation for the middle of the reporting month.

Sugar.Ru

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