Sugar news from Russia and Azerbaijan, June 21, 2016

Latest news are available in our daily reports.

RUSSIA

According to Rosstat, the farms of all ownership categories (agricultural organizations, farmers) have sown sugar beet on an area of 1056 hectares as of June 1, 2016 which is 5.3% more than in 2015.

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"Znamensky sugar factory" JSC (owned by GK "Rusagro") has pawned the property for the total value of RUR 785.7 million with "Alfa-Bank" for the collateral for the loan. Today the company implements a large-scale project to modernize the facilities of Znamensky sugar factory, involving the construction of a new pulp drying plant and desugarization of molasses. The capacity of the plant is expected to increase from 6 to 8 thousand tons of sugar per day.

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According to the figures by Williams Brasil dated June 21, 2016, total 22 vessels have been nominated to carry 767400 MT of raw cane sugar in 2016 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 553900 MT from 16 vessels, based on Sugar.ru data.

AZERBAIJAN

According to railway cargo monitoring data by Sugar.Ru, Ukraine has supplied 2516 tons of white sugar to Azerbaijan in April-May 2016. In 2015 and early 2016 the export of Ukrainian sugar to Azerbaijan by rail was none. According to provisional data the export of Ukrainian sugar to Azerbaijan continues in June; at the beginning of the third decade of June the volume of 2 040 tons of white sugar was additionally delivered to the country. All the sugar origins from Yareskivsky sugar factory.

Supplier

2016 by month

2016
TOTAL

4

5

Ukraine

68

2448

2516

Yareskivsky sugar factory

68

2448

2516

TOTAL

68

2448

2516

Sugar.Ru

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