Sugar news from Russia and Uzbekistan, July 27, 2015

Latest news are available in our daily reports.

RUSSIA

According to the monitoring data by the Ministry of Agriculture of Russian, the country has processed 564.8 thousand tons of raw sugar and produced 553.5 thousand tons of sugar in 2015, as of July 20, (less by 4.6% than in 2014). Volumes of import of raw sugar in January-July 2015 (as of 19 July) have dropped by 9.7% vs. those in 2014. During the week of July 20 to 27, the wholesale price of sugar has increased by 2.8%, retail – by 1%.

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Yevgeny Gromyko was appointed the First Deputy Minister of Agriculture of the Russian Federation

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According to the GC "Rusagro", the volume of sugar production in the first half 2015 has amounted to 183 thousand tons (down by 19% vs. 2014), sales volumes of sugar have made 353 thousand tons (less by 9% compared to 2014).

Description

Sugar industry indicators

2nd quarter

1st half year

2015

2014

Growth,
%

2015

2014

Growth,
%

Volume of production,
1000 MT

96,3

136,1

-29%

183

226

-19%

Beet sugar

0

0

-

0

15

-

Raw sugar

96,3

136,1

-29%

183

211

-13%

Volume of sales,
1000 MT

242

215,1

13%

353

389

-9%

Beet sugar

104,2

47

122%

170

221

-23%

Raw sugar

137,8

168,1

-18%

183

168

9%

Average price for sugar,
1000 RUR /MT excl. VAT

38,2

28,5

34%

39,6

27,1

46%

 

UZBEKISTAN

Sugar production in Uzbekistan has increased 1.5 times in the first half of 2015, the State Statistics Committee of Uzbekistan informs.

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