Sugar markets review, April 3, 2015

Latest news are available in our daily reports.

RUSSIA

The Governor of Tomsk region recommended shops and retail chains in region to provide one name in the range of socially important food products, including sugar, and set them on a limited allowance trading in the 15-25%.

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Holding "Ak Bars" planning to invest 3.4 billion rubles into modernization and expansion of Sergach sugar plant (N.Novgorod).

 

UKRAINE

Ministry of Agrarian Policy and Food said that it supports the initiative of the association "Ukrtsukor" about business self-regulation and coordination in the protection of the domestic sugar market.

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Eleven regions of Ukraine continue sowing sugar beet. As of April 2, Total acreage of sugar beet planted makes 42 thousand hectares or 15% of the forecast (in 2014 - 201 thousand hectares).

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Most of the Ukrainian and foreign assets of agricultural holding "Mriya", including sugar plants, transferred to the control of management appointed by the creditors committee, said General Director of "Mriya" Simon Cherniavsky.

KAZAKHSTAN

According to the Customs Control Committee, Kazakhstan imported about 1278 tons of sugar confectionery from CIS countries in January-February 2015. The main exporter was Ukraine - 1184 tons.

Sugar.Ru

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News in English (delayed)