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RUSSIA
In August 2015 the import duty on raw sugar delivery to the Customs Union has remained unchanged US$ 250/ton. In September 2015 the duty will stay intact. According to the monitoring data by Sugar.Ru, the price of raw sugar at the stock exchange «TheICE» in July has made average 11.88 ct/lb.
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According to the figures by Williams Brasil dated August 4, 2015, total 27 vessels have been nominated to carry 873 330 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 625 680 MT from 19 vessels, based on sugar.ru
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As of August 4, the 12 sugar factories in Krasnodar region have started receiving and processing sugar beet, according to the local Ministry of Agriculture. The volume processed makes over 100 thousand tons of beet with more than 7 000 tons of white sugar produced to report date; the volume of sugar beet received and piled makes about 160 thousand tons.
KAZAKHSTAN
According to the Agency for Statistics, in July 2015 the price of sugar from producers decreased by 0.4% and from the beginning of the year the decrease has made 8%.
KYRGYZSTAN
On July 28 the shareholders of “Kaindy-Kant" sugar factory have approved a loan from the company ‘Sucres et Denrees SA’ to finance the production of sugar beet and sugar, the Kyrgyz Stock Exchange informs. The message does not disclose the amount of the loan and the terms of the contract.
Sugar.Ru
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