Russian and CIS sugar news, Mar 26, 2019

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RUSSIA

According to the figures by Williams Brasil dated March 26, 2019, total 19 vessels have been nominated to carry 685994 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 633194 MT from 18 vessels, based on Sugar.Ru data.

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Rosselkhozbank became the owner of the "Tambov sugar company", with its share now of 74.99%, reports "Interfax". Tambov Sugar Company is implementing a project to build a Mordovian sugar factory. The construction began in 2008. It was assumed that the plant will be able to process 12 thousand tons of sugar beet, producing 1.5 thousand tons of raw sugar per day. Within ten years, the total investment exceeded 10 billion rubles. Earlier, the bank provided loans to the Tambov Sugar Company in the amount of 5.26 billion rubles.

KYRGYZSTAN

According to Statkom of Kyrgyzstan, conducted by Sugar.Ru, sugar production decreased over the month by 99.71% in February 2019 and has made 28.3 tons (in previous month - 9655.8 tons, in February 2018 - 2873.8 tons, in February 2017 - 9350.3 tons). Total 9684 tons of sugar have been produced in January-February 2019 (in January-February 2018 - 19346 tons).

MOLDOVA

According to the National Bureau of Statistics of Moldova data, processed by Sugar.Ru, in 2018, the gross harvest of sugar beets amounted to 702.6 thousand tons (in 2018 - 876 thousand tons) with average yield of 37.33 M/ha (in 2018 – 36.95 MT from hectare)

BELARUS

Agrarians of Belarus expect to get at least 5 million tons of sugar beet this year, Minister of Agriculture and Food Leonid Zayats has announced.

Sugar.Ru

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