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RUSSIA
The Ministry of Agriculture has approved the procedure for the organization of the industrial testing of sugar beet hybrids, which will determine the most effective seeds of these hybrids.
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"Rusagro" announced the completion of the sowing campaign in 2016 season. Sugar beet was sown on an area of 97 thousand ha (in 2015 - 71 thousand hectares). In the structure of crops the sugar beet is the second by acreage (the first is the winter wheat - 98 thousand ha).
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According to regional prices monitoring data by Sugar.ru in the period from July 07-14, the US dollar exchange rate has decreased by 1.2% (on July 07 – US$ 1 = RUR 64.63; on July 14 – US$ 1 = RUR 63.85). Wholesale Moscow rouble price for sugar dropped by RUR 0.40/kg (-0.83%), wholesale Krasnodar price gone deeper – by RUR 0.60/kg (-1.27%). In the US dollar equivalent the prices are as follows: Moscow price has added US$ 0,003/kg (+0.40%), Krasnodar price decreased by US$ 0.001/kg (-0.14%).
MOLDOVA
Russia has prepared a plan to restore economic relations with Moldova, including an item on the elimination of restrictions on admission of Russian sugar producers to the Moldavian market. Currently Moldova does not recognize Russian certificates of origin ST-1, and perform sugar export and import operations under the quota. Sudzucker Moldova expressed a negative attitude to the idea of the abolition of quotas, as this will stop the delivery of Moldovan sugar to the EU.
KAZAKHSTAN
The reason of sugar shortage in Kazakhstan lies in the lack of railcars, according to administration officials. Despite the sharp rise in prices from 220 to 300 tenge/kg in some regions, sugar demand sensibly exceeds the supply.
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КОММЕНТАРИИ