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RUSSIA
"The State Property Fund of Krasnodar Region" has auctioned 25.1% shares of JSC "Sugar factory "Svoboda" owned by the regional authorities. Krasnodar State Property Fund owns 51% stake in the organization, the stake of 32.52% belongs to JSC "Rusagro".
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From January 1 to January 9, 2017 Russian consumer prices for sugar have decreased by 0.5%, according to Rosstat.
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According to price monitoring data by Sugar.ru for the period from Dec 29, 2016 to Jan 12, 2017 the US dollar exchange rate dropped by 0.8% (on December 29 the rate was RUR 60.67/$, on January 12 – RUR 60.16/$). Ruble Moscow wholesale price of sugar fell by RUR 0.15/kg (-0.43%), in Krasnodar the wholesale price decreased by RUR 0.50/kg (-1.49%). US dollar wholesale price of sugar has increased by US$ 0.002/kg (+ 0.35%) in Moscow, in Krasnodar the wholesale price has dropped by $ 0.003/kg (-0.54%).
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Sugar companies, partially already back from New Year holidays, continue to hold the price at level of the end of last year. Minimum prices offered are RUR 33/kg basis EXW, a number of companies in the regions includes the cost of delivery and offers the actual price from the factory as low as 32.8RUR/kg. As for large traders, "Dominant" is not back to the market yet from vacations; "Prodimex" revived and is officially trading sugar at RUR 33.50/kg, informally selling at 33 RUR/kg. Demand is very weak.
UKRAINE
By January 11 all sugar factories in Ukraine have completed the production season, informs "Ukrtsukor". The total volume of sugar produced from the beginning of the season has made 2.008 mln tons made out 13.66 mln MT of sugar beet.
ARMENIA
In Armenia, the average consumer price for sugar increased by 0.2% in December 2016, according to NatStat.
BELARUS
According to the statistic committee consumer prices for sugar increased by 0.12% and amounted to BYR 17 394 per 1 kg in December 2016 (RUR 53.15/kg at the current rate of the Central Bank of Russian Federation), and have increased by 23.16% from the beginning of the year.
KAZAKHSTAN
According to Kazakhstan Statistics Agency, the prices for sugar and sugar confectionery imported to Kazakhstan in January-November 2016, increased by 13% compared to previous year.
MOLDOVA
According to the statistic committee of Moldova, the consumer prices for sugar increased by 1.1% in December 2016, while year-on-year (December 2016 to December 2015) - by 10.1%.
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