Sugar news from Russia, EAEC, Belarus and export/import data from Ukraine, Mar 13, 2017

Latest news are available in our daily reports.

RUSSIA

Import of sugar from non-CIS countries has reached the volume of US$ 16.0 million in February 2017, Rosstat reported.

*

Sales of "Rusagro" in the sugar segment have amounted to 37 240 million rubles in 2016 (in 2015 – 32 853 million rubles), operating profit – 8 286 million rubles. The company has produced 810 thousand tons of white sugar (in 2015 – 766 thousand tons), including 750 thousand tons of beet sugar, a press release of the company stated.

EAEC

According to the forecast by the Department of Agro-Industrial Policy of the EAEC made for 2017, the production of sugar is anticipated to make 6 563 thousand tons.

Forecast of sugar production, export and import for 2017, 1000 MT

Description

EEU*

Armenia

Belarus

Kazakhstan

Kyrgyzstan

Russia

Sugar production

6563

75

648

387

33

5420

Export to third countries

5,7

0,8

0

3

0

1,9

Import

198,5

4

0

55

68

71,5

*EEU - countries of Eurasian Economic Union

BELARUS

The Ministry of Agriculture and Food has set new maximum prices for sugar beet to be harvested in 2017, for procurements by state order. The maximum price for 1 ton (without value added tax) is set: standard (STB 1893-2008) - 72.28 Belarus rubles (about RUR 2 239.8 at the current rate of the Central Bank of Russia), substandard (STB 1893-2008) - 57.71 Belarus Rubles (RUR 1 788.3).

*

Consumer prices for refined sugar decreased by 0.39% in the country in February 2017; from the beginning of the year increased by 0.32%. The average consumer price for refined sugar was 1.75 Belarus Rubles for 1kg (RUR 54.22/kg at the current rate of the Central Bank of the Russian Federation), reports StatCom of RB.

UKRAINE

Export and import of Ukraine for 2 months of 2017

Commodity

Imports

Exports

Balance

Value,
US$ 1000

MT

Value,
US$ 1000

MT

SUGAR

280

334

88 101

178 393

87 821

OTHER SUGARS

1 424

1 896

1 743

5 292

319

MOLASSES

5

9

2 470

28 794

2 465

SUGAR CONFECTIONERY

4 286

1 161

14 575

10 491

10 289

WATER WITH SUGAR

993

1 016

3 992

11 199

2 999

Export and import of Ukraine for 2 months of 2017 by country

HS code

Commodity

Country

Monetary equivalent US$ 1000

Value

Share

Month
reported

1701

Sugar

France

54

19,35%

21

Denmark

51

18,28%

17

Poland

38

13,62%

38

Other countries

136

48,75%

60

1702

Other sugars

Other countries

597

41,92%

336

Russia

118

8,29%

74

Germany

169

11,87%

90

China

540

37,92%

235

Poland

5

100,00%

1704

Sugar confectionery without cocoa

Poland

1791

41,79%

1033

Turkey

488

11,39%

295

Germany

482

11,25%

246

Other countries

1525

35,58%

886

2202

Water with sugar

Other countries

372

37,50%

180

Greece

170

17,14%

170

Austria

212

21,37%

107

Switzerland

238

23,99%

101

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