Russian, Belarusian and Ukrainian sugar news, Dec 16, 2016

Latest news are available in our daily reports.

RUSSIA

Group of companies "Rusagro" and the Japanese corporation "Mitsui" have signed an agreement of understanding on December 16, 2016.

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The Moscow stock exchange is considering the issue of exchange trade with sugar in 2017, in addition to the grain trade according to TASS.

BELARUS

According to "Belsahar", by December 15, 2016 Belarus sugar industry has processed 3,741,900 tons of sugar beet and has produced 550,100 tons of white sugar, or 136.3% compared to previous year. In 2015 by same day the volume of sugar beet processed was 2,986,700 tons and the volume of sugar production –403,600 tons. Sucrose content in sugar beet at acceptance is 17.21% as of December 1, 2016 against 16.57% on same date in 2015, and the production yield of sugar makes 14.90% against 13.64% respectively.

UKRAINE

The Ministry of Agrarian Policy and Food of Ukraine is investigating the possibility of processing of 67 400 tons of beet sugar from the reserve stocks of GSBU "Agrarian Fund&" as sugar storage period ends on April 15, 2017. Manufacturers of sugar will be offered to take this sugar for processing and return a new conditioned sugar, said Minister of agrarian policy and food Taras Kutovoy. The policy of GSBU "Agrarian Fund" at the moment is to sell this sugar.

Sugar.Ru

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