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RUSSIA
Arbitration Court has returned to "Rusagro-Sugar" one of the two applications over Voronezh confectionery factory on collecting 11.8 million rubles of debt because the company has not provided a set of documents required. The second lawsuit was taken for processing with next court session postponed until mid-July.
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Over the past week, June 2 to 8 2015, Russian consumer price for sugar fell by 0.4%, according to Rosstat. From the beginning of June 2015, consumer prices for sugar fell by 0.4%, whereas from the beginning of the year has increased by 10.7%.
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According to price monitoring by sugar.ru in the period June 04 – 11, 2015 the US dollar has continued to grow and has added 3.3% (on June 04 the exchange rate was 53.06 RUR/$; on June 11 – 54.82 RUR/$). A typical market behaviour in this situation would feature growing ruble prices and decrease of the dollar ones, a trend which has certain inertia. Moscow ruble price of sugar rose by RUR 0.50/kg (+ 1.25%), Krasnodar price rose by RUR 0.70/kg (+ 1.85%). Moscow US dollar equivalent price of sugar fell by $ 0.015/kg (-1.99%), Krasnodar USD equivalent price has dropped by $ 0.010/kg (-1.40%).
UKRAINE
Ukraine has exported sugar worth total US$ 5.565 million in May, while imports amounted to US$ 0.116 million, according to the State Fiscal Service. The main importer of sugar in May was Romania (US$ 2.414 million). In January-May Ukraine has exported sugar for the total value of US$ 28,953,000, imports have made US$ 0.598 million dollars.
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According to the State Statistics Service of Ukraine total volume of sales of sugar produced in the country has made UAH 2,787,500,000 without VAT and excise (excluding the Crimea and Sevastopol) in January-April 2015, and including total UAH 30.8 million traded outside the country.
BELARUS
According to the National Statistics Committee, the average consumer price for sugar has made 12053 Bel. rubles per 1 kg in May 2015.
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