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RUSSIA
The best result in the history of sugar production has reached in Lipetsk region on January 26, the regional administration reported. The volume of sugar beet processed has reached 4 million 931 thousand tons, the volume of refined sugar produced makes almost 670,000 tons. Total production plan is 700 thousand tons.
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Production of beet sugar amounted to 1.2 mln tons in Russia in December 2016, which is 79.3% higher than in December last year. Total volume of sugar beet produced in 2016 has made 5.8 mln. MT (+ 12.4% vs. 2015), according to Rosstat.
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Russian consumer prices for sugar decreased by 0.7% from January 17 to January 23, 2017; from the beginning of January - by 1.8%, according to Rosstat.
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According to the data of price monitoring by Sugar.ru for the period January 19-26, 2017, the US dollar value dropped by 0.1% (on Jan 19 – RUR 59.18/$ on Jan 26 – RUR 59.15/$). Ruble Moscow wholesale price of sugar dropped by 2.50 rub/kg (-7.46%), Krasnodar wholesale price decreased by 2.40 rub/kg (-7.52%). US dollar Moscow wholesale price of sugar decreased by $ 0.042/kg (-7.42%), Krasnodar wholesale price dropped by $ 0.040/kg (-7.42%).
Wholesale prices are significantly reduce in all regions of Russia, low demand and adjusted production figure of the season of 6.05 million tons, continue to pull market down. Prodimex have added some ointment, after waiting in the wings, and going out to the market, when officially declared prices fell below 30 rubles/kg. Unofficially, companies are willing to sell for 29 rubles/kg, and if calculate it back to the basis exw-Krasnodar, the estimated price may be even cheaper – RUR 28.80/kg. Publicly declared prices, designed to somehow slow down the drop, reflect the real situation less than usual, quite often the trade goes in "manual" mode. Attempts of companies to buck the trend by stopping the sale of sugar have not yet led to success, having held a couple of days or even a couple of hours, they go to the market again.
Export by rail has slowed down somehow, but continues to stay at a high level, 16,700 tons of white sugar shipped in 25 days in January (in December 2016 - 26.7 thousand tons).
UKRAINE
According to "Ukrtsukor", the wholesale prices for sugar increased by average 5.5% in the first month of this year and now range within UAH 14.10-14.50/kg (RUR 30.69-31.56/kg).
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Company Pfeifer&Langen (Germany) have closed the acquisition of the six sugar factories in the Ternopol region of Ukraine, previously owned by the holding company "T-Zukor", namely: Borshevsky, Buchach, Zbarazh, Kozovsky, Lanovetsky and Horostkovsky.
KYRGYZSTAN
"Koshoy" sugar factory is under repair, the government was charge to allocate $ 10 million for this purpose. It is planned to increase the capacity of the plant up to 2800-3000 tons per day, and start operation next autumn.
BELARUS
Gross harvest of sugar beet in 2016 in Belarus
|
Region |
Bulk harvest |
2016 vs. |
Field yield |
|
Grodno |
1663,2 |
21.3 |
509 |
|
Minsk |
1580,3 |
29,8 |
420 |
|
Brest |
780,3 |
32,6 |
402 |
|
Mogilev |
163,9 |
162,3 |
377 |
|
TOTAL |
4187,8 |
29.2 |
445 |
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According to the director of Slutsk Sugar Refinery, Nicholas Prudnikov, the annual volume of investments in modernization and development of the refinery makes about $ 70 million. Initial DC capacity on beet was 3 000 tons, today the plant can process 9700 tons, and there are drafts to increase the capacity up to 11,000 MT per day.
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