Russian and Ukrainian sugar news, Aug 30, 2019

Latest news are available in our daily reports.

RUSSIA

From August 19 to 25, 2019, the Prodimeх Group has launched its plants in Liski, Olkhovatka, Yelan-Kolen, the village of Prigorodny (Kalacheevsky District) and in the village of Khokholsky. The mills in Pereleshino (Paninsky district) and Ertil are getting ready to starto peration.

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On August 28 the Eurasian Economic Commission (ECE), together with the Eurasian Sugar Association and the authorized bodies of the Member States of the Union, held consultations on the situation and the creation of equal conditions for competition in the sugar and confectionery market. Representatives of the sugar industry noted a negative trend arising from the formation of surplus sugar, which leads to a decrease in domestic sugar prices in the Union against the background of insufficient export volumes due to low world prices. Representatives of the Russian and Belarusian sugar businesses have also raised the issue of duty-free import of white sugar and raw sugar into the Republic of Armenia and the Kyrgyz Republic as part of a free trade zone with the CIS.

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Tatarstan has begun harvesting sugar beets, the republican ministry of agriculture reports.

UKRAINE

According to Ukrstat data, processed by Sugar.Ru, the production of white sugar in July 2019 has made 0.0 MT (in July 2018 - 0.0 MT). Total 0 MT of white sugar have been produced in January-July 2019 (in January-July 2018 - 0 MT). The stocks of white sugar decreased to 194244,0 MT in July 2019 (-29.49% vs. previous month, +60.46% vs. July 2018 and -75.68% vs. December 2018).

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According to Ukrstat data, processed by Sugar.Ru, the production of beet pulp in July 2019 has made 0.0 MT (in July 2018 - 0.0 MT). Total 0 MT of beet pulp have been produced in January-July 2019 (in January-July 2018 - 0 MT). The stocks of beet pulp decreased to 291615,0 MT in July 2019 (-48.02% vs. previous month, -28.74% vs. July 2018 and -74.30% vs. December 2018).

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