Sugar market news from Russia and CIS countries, Oct 23, 2019

Latest news are available in our daily reports.

RUSSIA

According to the Ministry of Agriculture of the Russian Federation, as of October 22, 2019, sugar beet was harvested from 825.4 thousand ha or 72.1% of the area sown; 37.2 million tons of beet collected (in 2018 - 34 million tons); average yield makes 45.02 MT/ha (in 2018 - 361.4 MT/ha).

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According to Soyuzrossahar, as of October 22, sugar beet harvesting continues in the Southern, North - Caucasian, Central and Volga federal districts.  Total 836.0 thousand ha of crops were harvested (73.2% of the crop area) with an average yield of 44.6 MT/ha. In 2018, on same day, 947.1 thousand ha were harvested, the yield amounted to 36.1 MT/ha.

UKRAINE

As of October 22, 2019, 4.42 million tons of beets were processed and 641.0 thousand tons of sugar were produced, Ukrtsukor reports.

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In January-September 2019 “Astarta” has reduced sugar sales by 12% compared to the same period in 2018 to make 239.88 thousand tons, according to the company report at the Warsaw Stock Exchange. The average selling price of sugar for 9 months of 2019 decreased by 6% compared to the same period last year - to UAH 10.06 thousand per ton, in July-September - by 3%, to make average UAH 10.11 thousand per ton.

BELARUS

By October 23, 2019, sugar beet was harvested from an area of 69.9 thousand hectares or 75% of the area sown (in 2018 - 73.8 thousand hectares), Sugar.Ru was informed in the Ministry of Agriculture of the Republic of Belarus. About 3409.6 thousand MT (in 2018 - 3375.5 thousand MT) of beets were collected, with an average yield of 48.77 MT/ha (in 2018 – 45.75 MT/ha). The sugar content in beet in the republic is 16.73% versus 16.82% for the same date last year.

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According to information from the Belsakhar Association of Sugar Producers, as of October 23, 2019, 2.0 million tons of sugar beets from new harvest were and 251.8 thousand tons of white sugar were produced.

KYRGYZSTAN

According to Statkom of Kyrgyzstan, conducted by Sugar.Ru, sugar production increased over the month by 20440.06% in September 2019 and has made 7127.4 tons (in previous month - 34.7 tons, in September 2018 - 7351.5 tons, in September 2017 - 5051.2 tons). Total 16947 tons of sugar have been produced in January-September 2019 (in January-September 2018 - 38543 tons).

Sugar.Ru

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