Russian sugar news, Oct 21, 2020

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RUSSIA

The Ministry of Agriculture may introduce a quota on sugar imports to Russia, within which a reduced import duty rate will be applicable in order to stabilize domestic prices, the ministry said.

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According to the analytical service of Soyuzrossahar, as of October 19, 2020, 685.4 thousand hectares (73.9% of the beet acreage) were harvested, 24.7 million tons of sugar beet collected. Over 2.35 million tons of sugar from beets was produced in 2020.

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