Russian sugar news, May 25, 2020

Latest news are available in our daily reports.

RUSSIA

Sugar production in Russia may decrease by 20-25% next season, due to the expected decline in sugar beet crop, said Gleb Tikhomirov, financial director of Sucden group.

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Over 13 thousand hectares of sugar beets perished following the dust storms In the Kursk region, the chairman of the committee of the agro-industrial complex of the Kursk region said.

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Average consumer price for refined sugar in April 2020 amounted to 36.58 rubles for 1 kg., which is 2.4 rubles higher than a month ago, Rosstat reports.

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By May 22, 2020, sugar beet was sown in Russia on an area of 922.6 thousand hectares, or 97.6% of the projected area.

Sugar.Ru

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