Russian and Kazakh sugar news, June 24, 2019

Latest news are available in our daily reports.

RUSSIA

According to Soyuzrossahar, , air temperature is expected to be above the average climatic norm in almost all beet-growing regions, which negatively affects the soil moisture content and the dynamics of sugar beet.

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In the season 2019/20, Russia will produce at least 6.4 million tons of sugar, predicts the Institute for Agricultural Market Studies (IKAR). With a favorable set of circumstances, sugar mills can even break the production volume record set in 2017/18.

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Prices from industrial producers for refined beet sugar amounted to at RUR 29.26/kg on June 13, 2019 (-1.4% per week), according to the Food Safety Monitoring and Forecasting System of the Ministry of Agriculture of Russia.

KAZAKHSTAN

Today there are 8 sugar factories in Kazakhstan. A total amount of 14.5 billion Tenge (about RUR 2.4 billion) was allocated for their modernization, Saparkhan Omarov, the head of the Ministry of Agriculture of the Republic of Kazakhstan, has informed.

Sugar.Ru 

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