Russian and CIS sugar news, Oct 09, 2015

Latest news are available in our daily reports.
RUSSIA

VEB Bank Supervisory Board, at the meeting held on Wednesday, has decided to sell most of the outstanding debts of agricultural holdings "Razguliay" group to "Rusagro" owned by Vladimir Moshkovich. Total outstanding debt of "Razguliay" group to VEB, the largest creditor, is more than 34 billion rubles today.
KYRGYZSTAN

Sugar prices have added average 3 Soms (reaching KGS 48-55/kg) in the northern regions of Kyrgyzstan following 2 months after the admission of the Kyrgyz Republic to the EAEC.
BELARUS

According to figures by the Ministry of Agriculture dated of October 8, 2015, Belarus has harvested sugar beet from 49.5% of the total sugar beet acreage. Bulk harvest makes 1 424 thousand tons of sugar beet, sucrose content in sugar beet at acceptance time makes 17.06%. According to the Association "Belsahar" (Sugar Organization of Belarus) the country has processed 1,009,600 tons of sugar beet from which has produced 139,400 tons of white sugar.
ARMENIA

The average consumer price for sugar has decreased by 0.6% in September 2015, the National Statistical Service reported. In the capital city of Yerevan the decline was 0.4%.
TAJIKISTAN

According to the rail cargo monitoring data by Sugar.Ru, sugar transit across Russia to Tajikistan has amounted to 9900 tons in January-September. The largest exporters of sugar to Tajikistan are Belarus (4.7 thousand tons) and Ukraine (2.2 thousand tons).
Transit of white sugar by rail across Russia to Tajikistan in Jan – Sept of 2015
 
Month
Departure point
Jan Feb Mar Apr May Jun Jul Aug TOTAL
Belarus   511 511 639 320 1087 1023 639 4731
Slutsky sugar plant   511 511 639 320 1087 1023 639 4731
Ukraine     1561 643         2204
Radekhiv sugar plant     1086 643         1729
Chortkiv sugar plant     475           475
Slovakia 50   500     814 628   1993
Slovakia  border point 50   500     814 628   1993
Hungary               867 867
Hungary border point               867 867
Austria             63   63
Austria border point             63   63
TOTAL 50 511 2572 1282 320 1901 1715 1507 9858
*No sugar shipments to Tajikistan transit Russia were performed in September.

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