Russian and CIS sugar markets, April 28, 2015

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RUSSIA

According to the Ministry of Agriculture, Russian agrarians have planted an area of 585,600 hectares with sugar beets by 27 April 2015, or 59.7% of the forecast (in 2014 the progress by the same day was 620 thousand hectares).

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Federal Antimonopoly Service has recognized to be unlawful the regulation of the value of products and demanded that the governors who have set the maximum level of margins for suppliers and retailers to abolish such regulations. In addition, in the case when trading parties abide such non-binding recommendations aimed to limit prices, the deeds of the authorities could be qualified as a violation of competition law.

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According to the figures by Williams Brasil dated April 28, 2015, total 12 vessels were nominated to carry 415950 MT of raw cane sugar in 2015 season from Brazilian seaports to the Black/Baltic seaports with end-receivers in CIS, Georgia and Baltic states. As of today, the volume received and unloaded makes 252350 MT from 7 vessel(s), based on sugar.ru data.

 

UKRAINE

The country has planted 217,000 hectares with sugar beet by April 27, or 79% of the forecast (in 2014 season - 320 thousand hectares seeded on same day), the Ministry of Agrarian Policy and Food reports.

KAZAKHSTAN

The national sugar production volume has grown to reach 51,700 tons in March 2015 in Kazakhstan, compared to 1.4 million tons manufactured in February, according to Statistics Agency. In January-March 2015, sugar production has made total 69,800 tons.

BELARUS

Stock of sugar in the country has made 178 thousand tons on 1 April 2015, which is 22.6% less than it was on March 1, 2015, according to the National Statistics Committee.

Sugar.Ru

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