Sugar news from Russia and Ukraine, Feb 05, 2016

Latest news are available in our daily reports.

RUSSIA

The volume of sugar production has reached a historical maximum of 102 thousand tons in Altai region in 2015 according to the regional Office of the food industry.

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The Russian government discusses introduction of excise duty on "harmful" products, a list of which can include commodities with high fat and sugar content based on the World Health Organization methodology.

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Farmers in Karachayevo-Cherkessia are drafting to increase sugar beet acreage by 400 hectares to make total 7,200 hectares, according to the republican Ministry of Agriculture.

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Auction to sell property of OAO "Kuban Girey sugar" (Krasnodar region) with a starting sale price of 2.1 billion rubles, was declared invalid due to lack of applications.

 

UKRAINE

The trade turnover between Ukraine and Russia has dramatically decreased by 65% in 2015, in particular all deliveries of confectionery and sugar have ceased completely, Minister of Agrarian Policy Pavlenko has told.

Sugar.Ru

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News in English (delayed)