Latest news are available in our daily reports.
RUSSIA
At the auction for sale of property of "BelSahar" the bidder "SUGAR MILL KONYOK-GORBUNOK” LLC was recognized the winner with closing price RUR 478.7 million.
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Penza region has started harvesting sugar beet. The average yields right now are 8.0 MT per hectare better compared to previous season.
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By September 12, farmers in Belgorod region harvested sugar beet from 8 593 hectares (11% of the total crop acreage). At an average yield of 45.1 MT/ha, the bulk volume collected makes 387 203 tons.
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According to the Ministry of Agriculture report dated September 9, 2016, sugar beet was harvested from 163,1 thousand ha or 14.7% of the crop acreage (in 2015 - 162,7 thousand hectares). Bulk harvest makes 7.2 million tons (in 2015 - 6.4 million tons); the average yield 44.33 MT/ha (in 2015 – 39.07 MT/ha).
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According Soyuzrossakhar’ figures dated September 5, 2016, there are 57 plants processing sugar beet in Russia. From the end of July 2016 the volume processed makes 4 802.6 thousand tons sugar beet (10.8% more vs. last year); 570 600 tons of refined sugar produced (0.3% below the level of the previous year).
UKRAINE
By September 9 the country has produced 45,3 thousand MT of sugar. From the beginning of the season 381,1 thousand MT of sugar beet were processed.
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Agricultural enterprises sold the sugar at an average of UAH 11,099.8/MT excl. VAT in July (37.6% higher than in July 2015). In June the farmers sold sugar at an average of UAH 11,036.6/MT.
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According to the "Ukrtsukor", the country has exported 32.9 thousand tons of sugar in August 2016 (up by 17.9% vs. July). The main deliveries were carried out to Georgia (6.9 thousand tons, or 21%), Sri Lanka (6.3 thousand tons, 19%), Azerbaijan (4.9 thousand tons, 15%), Myanmar (4.9 thousand tons, 15%) and Kyrgyzstan (1.9 thousand tons, 5.9%). In the previous month, the major export volumes went to Georgia (35%), Israel (11%), Tajikistan (11%), Sri Lanka (9%), Albania (9%) and Azerbaijan (6%).
MOLDOVA
Consumer prices for sugar increased by 0.5% in August from the previous month. Compared to the beginning of the year (end of December 2015.) the prices increased by 5.6%; and by 16.1 % year on year (August 2016 vs. August 2015).
KYRGYZSTAN
Consumer prices for sugar increased by 2.8% in August 2016 compared to July. From the beginning of 2016 the price has decreased by 0.6%, and in year-on- year terms (compared to August 2015.) - increased by 6.8%.
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