Sugar market news from Russia, Tajikistan, Ukraine and Customs Union, Mar 01, 2019

Latest news are available in our daily reports.

RUSSIA

Rosstat has adjusted the data on the agricultural crops harvested in Russia in 2018, the yield of sugar beet increased by 826 thousand tons to 42.1 million tons.

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The second auction to sell the Dinsksakhar property complex will be held on March 11 in the Krasnodar region. The cost of the lot was reduced to 363 million rubles.

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The list of arbitration cases with the largest sugar companies and plants from January 1 to February 29, 2019. The limit of the claim amount is not less than 200 thousand rubles.

CUSTOMS UNION

The duty on the import of raw sugar to the Customs Union in March 2019 was $ 250/MT. The average monthly price for raw sugar on the The ICE exchange in February 2019 was $ 285.25/MT, respectively, in April 2019 the import duty will remain at $ 250/MT.
 

TAJIKISTAN

On February 28, the Government of Tajikistan approved the list of goods, including sugar, which are imported by the State Unitary Enterprise “On production, sale, and purchase of essential commodities in Dushanbe” and are exempt from value added tax.

UKRAINE

In 2018, the average price (excluding VAT, subsidies, transportation, expeditionary and overhead costs) of the sale of sugar beet by agricultural enterprises amounted to UAH 749.0 per ton (RUR 1733.21/MT - at the average annual exchange rate of the Central Bank of the Russian Federation), which is 9.24% less than in 2017 (in 2017 – UAH 825.3/MT - this is 1810.16 rubles/MT), reports State Statistics Committee.

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