Russian and Ukrainian sugar news, Feb 15, 2019

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RUSSIA

"Zainsky sugar" plant finished the 2018season of sugar beet processing. In the course of juice extracting season the plant has accepted over 1.2 million tons of sugar beet and produced 171.9 thousand tons of sugar, 42.8 thousand tons of molasses and 54.3 thousand tons of granulated pulp.

UKRAINE

The sugar beet processing season of 2018 was completed in Ukraine with 1,820 thousand tons of beet sugar produced, which is 15% lower than the previous season, according to the balances of the Economic Discussion Club. Total 42 sugar factories have processed 13.6 million tons of sugar beet. The capacity of the domestic market is estimated at 1370 thousand tons. When estimated carry-over stocks in the amount of 320 thousand tons, the export potential in the current marketing period is estimated at 570 thousand tons.

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According to Statkom of Ukraine, conducted by Sugar.ru, wholesale price of sugar from producers increased over the month by 0.64% in January 2019 and has made 9187.97 UAH/MT (in previous month - 9129.93 UAH/MT, in January 2018 - 9893.55 UAH/MT). Russian rouble equivalent price (at the exchange rate of the Russian Central Bank for the middle of the reporting month) has increased over the month by 1.01% in January 2019 and has made 22014.01 RUB/MT (in previous month - 21794.33 RUB/MT, in January 2018 - 19614.46 RUB/MT). USD equivalent price (at the exchange rate of the Russian Central Bank for the middle of the reporting month) has decreased over the month by 0.13% in January 2019 and has made 327.628 USD/MT (in previous month - 328.061 USD/MT, in January 2018 - 346.534 USD/MT).

Sugar.Ru

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