Russian and Ukrainian sugar news, Aug 09, 2016

Latest news are available in our daily reports.

RUSSIA

According to IKAR, the volume of sugar production may reach 5.6 million tons in Russia this season, it is an absolute record, but it may threaten to flood the domestic market.

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According to the figures by Williams Brasil dated August 9, 2016, total 31 vessels have been nominated to carry 1 059 900 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 As of today, the volume received and unloaded makes 834 900 MT from 24 vessels, based on Sugar.ru data.

UKRAINE

More than one third of Ukrainian sugar was shipped to Georgia in July 2016, reports "Ukrtsukor" Total volume of sugar the Ukrainian companies exported in July makes 27,980 tons, including. 35% of the export volume shipped to Georgia, and 11% - in Israel and Tajikistan each.

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In July 2016 consumer prices for sugar in the country decreased by 0.3%; from the beginning of the year – by 6.1%, while the year-on-year fluctuation (July 2016 to July 2015) is +18.9%, the State Statistics Service reports.

Sugar.Ru

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