Sugar market news from Russia, Kazakhstan and Kyrgyzstan, Aug 21, 2019

Latest news are available in our daily reports.

RUSSIA

The prices for beet sugar from industrial producers have made average 26.72 rubles/kg on August 15, 2019 (-1.2% per week), according to the Food Safety Monitoring and Forecasting System of the Ministry of Agriculture of Russia

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As of August 20, 2019, sugar beet was harvested from an area of 47.4 thousand ha or 4.1% of the crop acreage (in 2018 - 22.4 thousand ha), 2 million tons of sugar beets collected (in 2018 - 736.1 thousand tons) with average yield of 43.16 MT/ha (in 2018 – 32.82 MT/ha).

KAZAKHSTAN

According to the analysis of Statkom of Kazakhstan, conducted by Sugar.Ru, production of sugar and molasses decreased over the month by 22.82% in July 2019 and has made 22848.0 tons (in previous month - 29604.0 tons, in July 2018 - 824.0 tons, in July 2017 - 28377.0 tons). Total 143532 tons of sugar and molasses have been produced in January-July 2019 (in January-July 2018 - 169782 tons).

KYRGYZSTAN

According to the analysis of data by the Statistical Committee of Kyrgyzstan, conducted by Sugar.Ru, for July 2019 average consumer sugar prices were 46.47 KGS / kg (-0.13% compared to the previous month, -2.93% YTD and -3.50% by July 2018) or 42.08 rubles / kg at the rate of the Central Bank of the Russian Federation for the middle of the reporting month

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