Sugar market news from Russia and Georgia, Feb 14, 2020

Latest news are available in our daily reports.

RUSSIA

The Zainsky Sugar Plant has received over 1.2 million tons of sugar beets and produced 174.3 thousand tons of sugar in the 2019/20 season – 14.8 thousand tons more than last season. In 2020 Zainsky Sugar plans to invest 121.3 million rubles in its own projects.

GEORGIA

According to the National Statistics Service, consumer sugar prices decreased by 2.94% in January 2020, compared to the previous month, and on an annualized basis - increased by 14.72% (compared to January 2019).

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