Russian and Belarusian sugar news, Jan 13, 2016

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RUSSIA

Group of Companies "ASB" has begun site preparation for the construction of a new plant for the production of sugar in the city of Kirsanov Tambov region. The construction site is situated next to the existing sugar factory "Crystal". Construction companies should begin activities in the first half of 2016, total volume of investment in the construction project will exceed RUR 20 billion. The commissioning period is projected for 2021.
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According to Rosstat, consumer prices for sugar in Russia decreased by 0.9% in December 2015; from the beginning of 2015 the prices have increased by 12.9% total.
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According to rail cargo monitoring data by Sugar.Ru, Russian sugar exports by rail amounted to 8609 tons in 2015.
Russian exports of sugar by rail in 2015
 
Destination
 
Jan Feb Mar Apr May Jun Jul Aug Sep TOTAL
Kazakhstan 735 476 63   743   1560 866   4443
Kyrgyzstan 1585 810 68             2463
Georgia         64 64 132 264   524
Turkmenistan     66   408         474
Tajikistan 388                 388
Mongolia       63       63 190 317
TOTAL 2708 1285 198 63 1215 64 1692 1193 190 8609
 

BELARUS

According to the National Statistics Committee of Belarus, the average consumer price of sugar has made 14 057 Belarus rubles per 1 kg in December 2015 (around RUR 56.42/kg at the current rate of the Central Bank of Russian Federation), which is Br. 611 higher than a month ago.

Sugar.Ru

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