Sugar news from Russia, Ukraine and Moldova, June 18, 2015

Latest news are available in our daily reports.

RUSSIA

Over the past week (June 9 to 15, 2015) Russian consumer price of sugar fell by 0.5%, according to Rosstat. From the beginning of June 2015 the consumer price for sugar fell by 1%, and from the beginning of the year has grown by 10.1%.

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According to figures issued by the Federal State Statistics Service, sugar beet was seeded on an area of 994 000 ha as of June 1, 2015 (+ 9.2% vs. 2014).

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AFK "Systema" may become a shareholder of the agricultural holding "Razguliay", Vladimir Yevtushenkov, the main owner of the AFK, has told yesterday.

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According to price monitoring by sugar.ru, in the period June 11 – 18, 2015, the US dollar exchange rate has dropped by 1.7% (on June 11 – US$ 1 = RUR 54.82; on June 18 US$1 = RUR 53.90). Moscow RUR price of sugar fell by RUR 0.90/kg (-2.22%), Krasnodar price has decreased by RUR 0.50/kg (- 1.30%). Moscow US dollar equivalent price of sugar fell by US$ 0.004/kg (-0.54%), in Krasnodar the price grew by US$ 0.003/kg (+ 0.43%).

UKRAINE

According to railway monitoring Sugar.Ru, as of June 18, Ukraine has supplied through Russia 65 thousand tons of refined white sugar. The largest receiver of Ukrainian sugar is Kyrgyzstan - 49.7 thousand tons.

Transit of Ukrainian sugar across Russia in 2015 (as of June 18)

Month

Country

Jan

Feb

Mar

Apr

May

Jun

TOTAL

Kyrgyzstan

5642,041

8810,863

16910,719

15395,213

2242,107

679,818

49680,761

Kazakhstan

610,65

135,7

1499

2424,85

2029,95

 

6700,15

Uzbekistan

 

135,98

 

67,999

883,187

 

1087,166

Georgia

 

1078,019

199,928

135,7

608,994

 

2022,641

Turkmenistan

 

132,992

935,705

1353,099

879,587

 

3301,383

Tajikistan

   

1560,55

643

   

2203,55

TOTAL

6252,691

10293,554

21105,902

20019,861

6643,825

679,818

64995,651

 

MOLDOVA

According to provisional estimates the area planted with sugar beet in Moldova has made 22-24 thousand hectares.

Sugar.Ru

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