Russian and Ukrainian sugar news, Feb 20, 2019

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RUSSIA

Prodimex has produced 1.34 million tons of sugar, having processed 8.87 million tons of sugar beets in the season 2018/19. In the previous agricultural year the volume of raw materials processed amounted to 10.3 million tons, and the volume of sugar production - 1.48 million tons, the company's deputy general director Vadim Yeryzhensky said.

The press service of the Federal Antimonopoly Service explained that the current fluctuations in sugar prices are related to the market situation and sees no reason to intervene.

UKRAINE

According to the analysis of data by the State Fiscal Service of Ukraine, conducted by Sugar.ru, in 12 months (January - December) of 2018 the export of white sugar (HS code 170199) was 581,992 tons, in December - 57,019 tons. The largest receivers of Ukrainian sugar in 2018 were: Uzbekistan (283.8 thousand tons), Azerbaijan (44.5 thousand tons), Libya (43.8 thousand tons) and Turkey (34.5 thousand tons).

Exports of other sugars (HS code 1702) amounted to 31,265 tons (in December - 1,206 tons), the largest importers were Belarus (4.8 thousand tons) and South Africa (4.2 thousand tons). Export of molasses (HS code 1703) amounted to 37,564 tons, imports - 94,347 tons. Export of beet pulp (HS code 230320) - 109,215 tons, in December only - 28,880 tons.

Sugar.Ru

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