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RUSSIA
Belgorod GC “Rusagro” has sold 10% + 1 share of its sugar mill JSC “Valuykisahar” to the Moscow based “Grocery investment". Just over a year ago, the agricultural holding in the same manner (10% + 1 share) has sold to “Food Investments” shares of its sugar asset – Znamensky sugar factory.
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Company Unvia Trading Limited (Liechtenstein) is ready to invest € 250 million in the construction of the first sugar factory in Rostov region, the Chairman of the Board of Directors of JSC "International Sugar Corporation" Dmitry Babanov said at a meeting.
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According to the Ministry of Agriculture data as of August 19, 2015, sugar beet was harvested from an area of 9300 hectares, or 0.9% of the acreage due. Soyuzrossahar reports that farmers in Volga Federal District began processing sugar beet. According to Soyuzrossakhar figures dated August 20, total volume processed has made about 1,500 thousand tons with over 170 thousand tons of sugar produced.
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According to the agency Williams Brazil, during the first half of the year Brasil has shipped 5 600 MT of sugar in containers to the CIS and Baltic countries, of which 4 900 tonnes were delivered to Russia.
Shipment of Brazilian sugar in containers in the first half of 2015, MT
|
Destination \ month |
Jan |
Feb |
Mar |
Apr |
May |
Jun |
TOTAL |
|
Latvia |
626 |
626 |
|||||
|
Lithuania |
25 |
25 |
|||||
|
Russia |
813 |
271 |
542 |
542 |
271 |
2493 |
4930 |
|
TOTAL |
813 |
271 |
542 |
542 |
296 |
3119 |
5581 |
UKRAINE
The draft law "On Amendments to the Law of Ukraine "On state regulation of production and sale of sugar" is presented to the Cabinet of Ministers of Ukraine. The law proposes to abolish the minimum prices for sugar and sugar beet. The new draft law is under discussion; that draft provides delegation of function to distribute quotas for the supply of sugar to the domestic market to an industry association.
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According to the State Statistics Service of Ukraine, the volume of imports of goods listed under categories - Sugar and sugar confectionery - amounted to 14,905,300 US dollars in January-June 2015, which is 52.5% less than in 2014. The value of exports for this category amounted to 92,266,100 US dollars in January June 2015, which is 36.2% more than in 2014.
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