Russian and CIS sugar news, Oct 05, 2016

Latest news are available in our daily reports.

RUSSIA

According to the Federal State Statistics Service, the consumer prices for sugar decreased by 6.1% in Russia in September 2016 (from August level). From the beginning of the year (vs. December 2015) the increase of consumer prices for sugar has made 3.7%; a year on year decrease (September 2015-2016) has made 2%.

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According to the Ministry of Agriculture, sugar beet was collected from the area of 469,400 hectares, or 42.3% of the crop acreage by September 4, 2016 (in 2015 - 485.5 thousand hectares). Bulk harvest makes 20.3 million tons (in 2015 -. 18.4 million tons), with the average yield of 32.7 MT/ha (in 2015 – 37.87 MT/ha).

KYRGYZSTAN

Russian-Kyrgyz Development Fund has approved a project for total value of USD 15.5 million to support the two sugar factories in Chui oblast: "Koshoy" and "Kaindy-Kant", the press service of RKDF has informed.

UKRAINE

Farmers sold sugar at an average price of UAH 10 900/ton without VAT in August (RUR 26 431/MT - Sugar.Ru) which is 34.9% higher value than in 2015, according to the State Statistics Service. In July local farmers offered sugar at an average price of UAH 11 099.8/ton (RUR 26 833.8/MT).

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The 35 national sugar refineries have produced 432,700 tons of sugar by October 4, 2016, according to "Ukrtsukor". From the beginning of the season the sugar industry has processed more than 3 million tons of sugar beet and produced 432,700 tons of sugar.

BELARUS

The Brest region expects the gross harvest of sugar beet will reach 800 thousand tons (in 2015 it was 610,000 tons). By October 4 sugar beet was harvested from the area of 8 600 ha (44% of the plan) with over 322,200 tons of beets collected; the average regional filed yield is 38.63 MT/ha (in 2015 – 25.7 MT/ha).

Sugar.Ru

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