White sugar production in Belarus in April 2019 and other sugar market news, June 11, 2019

Latest news are available in our daily reports.

RUSSIA

The repeated auction to sell the Dinsksakhar property complex in Krasnodar Territory was declared invalid. Bidding was scheduled for June 7th. The auction did not take place due to the lack of applications for participation.

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According to the analysis of customs declarations of FCS conducted by Sugar.ru, in April 2019 Russia has exported 49.1 thousand tons of beet pulp. According to the results of 4 months of beet pulp export campaign, Russia has shipped out 345.2 thousand tons (in 2018 - 435.6 thousand MT; in 2017 - 290.4 thousand MT). In the period January - April 2019, the main countries importers of beet pulp from Russia were LATVIA (29.56%) and NETHERLANDS (21.60%).

UKRAINE

According to customs statistics, 41 thousand tons of sugar was exported from Ukraine in May 2019 against 54 thousand tons in the corresponding month last year, according to the balances of the Economic Discussion Club (EDC). Taking into account the volume of sugar reserves at the beginning of the marketing year, actual consumption and export, the commodity stocks as of June 1, 2019 are estimated to be 0.9 million tons, which is 6% lower than on the same day last year.

BELARUS

According to the analysis of Statkom of the Republic of Belarus, conducted by Sugar.Ru, production of sugar in April 2019 has made 17.9 thousand MT (in April 2018 - 24.1 thousand MT). Production of sugar by January-April 2019 decreased compared to the same period last year by 38,61% and has made 41 thousand MT (in 2018 - 66 thousand MT).

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According to data received by Sugar.Ru from the National Statistical Committee of the Republic of Belarus, the average consumer price for granulated sugar in May was 1.52 Bel rub / kg (RUR 47.26 / kg at the average exchange rate of the Central Bank of the Russian Federation for May 2019).

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