Sugar news from Moldova and Russia, June 29, 2015

Latest news are available in our daily reports.

RUSSIA

According to the monitoring data by the Ministry of Agriculture of Russia for the period January 1 – June 22, 2015, the national sugar industry has processed 505,800 tons of raw sugar and produced 495,600 tons of refined sugar (3.7 more than in 2014). Volumes of import of raw sugar in January-June 2015 (as of 21 June) are 9.8% less than in 2014. For the week of June 22 to 29 the wholesale price of sugar has increased by 0.5%, retail price – has dropped 0.3%.

*

Shareholders of “Valuykisahar” (owned by GC “Rusagro”) have decided not to pay dividends for 2014 season. Net profit last year grew 3.8 times compared to 2013 operational year – up to RUR 109.8 million; revenues have grown by 38% to reach RUR 7.4 billion followed the increased sales of the main products of the factory (by 27% compared to 2013).

 

MOLDOVA

According to railway statistics by Sugar.Ru, in the period from the beginning of the year to June 29, 2015 Moldova has delivered to Kazakhstan 37.3 thousand tons of white sugar transit Russia and made itself a transit country for over 2 thousand tons of Romanian sugar dispatched to Kazakhstan (1014 MT) and Kyrgyzstan (1046 MT).

Transit Moldovan sugar transit Russian Federation for January 1 – June 29, 2015

Destination / Month

Point of departure

Kazakhstan

Kyrgyzstan

Grand
TOTAL

1

2

3

4

5

6

Total

3

4

Total

Moldova Zahar

815

1900

2234

1689

3932

1763

12332

     

12332

Straseni

     

2885

4481

2025

9392

     

9392

Falesti Sugar Factory

531

 

1742

2007

1472

536

6288

     

6288

Alexandria (Sîngerei District)

 

795

598

888

954

2104

5339

     

5339

Drochia sugar factory

2861

733

       

3594

     

3594

Border checkpoint (Romania)

63

253

127

190

380

 

1014

602

444

1046

2060

Glodensky sugar factory

405

         

405

     

405

TOTAL

4676

3681

4701

7659

11219

6428

38363

602

444

1046

39409

 

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