Russian sugar news, July 27, 2020

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The sugar beet harvest is forecasted to make at least one million tons in the Altai Territory this year. This volume will sufficient to meet the production needs of the Cheremnovsky sugar plant, said the head of the regional department for food and processing industry Alexander Bolshakov.


In the current 2019/20 season, Russia will rank seventh in global sugar exports. For the period that lasts from October 2019 to the end of September 2020, Russia will supply almost 1.8 million tons of sugar abroad, writes RBC with reference to the International Sugar Organization.


Prices for sugar from industrial producers have made RUR 27.27/kg on July 22, 2020 (+2.5% per week), according to the Food Safety Monitoring and Forecasting System of the Ministry of Agriculture of Russia,



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