Russian and Ukrainian sugar markets, April 6, 2015

Latest news are available in our daily reports.

RUSSIA

"Prodimex" may become one of the shareholders of Mordovsky sugar factory (Tambov region), which will facilitate the completion of its construction, said the Governor of Tambov region Oleg Betin.

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Construction of the plant was announced six years ago. The volume of investments is about RUR 10 billion. Launch of the enterprise was announced for several years running, but until now the plant is not started. The new plant is designed to process 12 000 tons of sugar beet and produce 1 500 tons of raw sugar per day.

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According to the Ministry of Agriculture of Russian Federation, in several regions of the South, the North Caucasus and Central Federal Districts the area planted with sugar beet has made 160 100 ha by April 3, or 16.3% of the forecast (in 2014 the progress was 86 400 ha).

Sugar beet sowing campaign in Russia, update as of April 3, 2015

Region

2015 forecast,
1000 ha

Actually sown
1000 ha

2015

% of
planned

2014

2015 vs.
2014,  +/-

RUSSIAN FEDERATION total

980,2

160,1

16,3

86,4

73,7

Central Federal District

548,7

6,7

1,2

5,9

0,8

Voronezh region

114,0

0,8

0,7

 

0,8

Kursk region

100,0

4,5

4,5

4,9

-0,4

Lipetsk region

101,9

1,4

1,4

 

1,4

Southern Federal District

161,3

132,1

81,9

80,5

51,6

Krasnodar region

143,3

130,6

91,1

80,5

50,1

Rostov region

18,0

1,5

8,3

 

1,5

North Caucasian Federal District

46,8

21,3

45,5

 

21,3

Karachay-Cherkess Rep.

7,2

0,7

9,7

 

0,7

Stavropol region

33,4

20,6

61,7

 

20,6

 
 

UKRAINE

According to the monitoring of prices by the Ministry of Economic Development, the average consumer price of sugar in Ukraine has decreased by 9.9% to make UAH 12.69/kg as of March 30, 2015 as compared to UAH 14.09/kg on March 20, 2015.

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