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RUSSIA
According to the Ministry of Agriculture, sugar beet was sown at 177.7 thousand hectares or 15.7% of the forecast as of April 5, 2017 (in 2015 - 92.1 thousand ha).
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In March 2017 the consumer prices for sugar in Russia decreased by 2.8%, from the beginning of the year – by 8.6%, and in the annual calculation (by March 2016) - by 18%. Consumer prices for sugar in Russia decreased by 0.4% from March 28 to April 3, 2017, according to Rosstat.
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According to price monitoring by Sugar.ru, for the period from March 30 to April 06, 2017, the US dollar rate fell by 2.0% (as of Mar 30 - 57.02 rubles/$, as of Apr 04 - 55.89 rubles/$). The ruble Moscow wholesale price for sugar fell by 0.20 rub / kg (-0.58%), the Krasnodar wholesale price went down by 0.60 rub / kg (-1.81%). The dollar wholesale price for sugar in Moscow rose by $ 0.008 / kg (+ 1.31%), the wholesale Krasnodar price increased by $ 0.001 / kg (+ 0.17%).
Over the past week, wholesale prices for sugar fell by more than a ruble per kilogram, but then regained RUR 0.50. Market participants associate this with the strategy of Prodimex, which tries to "swing" the market with such jerks, and it seems that the company succeeds. Failing to arrive at a significant reduction, buyers are ready to take sugar at 33 rubles/kg. Rusagro company came to the open market, offering sugar from the Krivetsky sugar refinery, where reconstruction is planned and it is necessary to vacate the warehouse.
The strengthening of Russian ruble continues, which, together with the fall of Contract #5 at the London Stock Exchange, complicates the export of Russian sugar. Export of Belarusian sugar to Russia continues to remain at the level of the previous year, for three months in 2017, total 69 thousand tons of Belarusian sugar were delivered to the Russian Federation (72.5 thousand tons in 2016).
UKRAINE
Three Ukrainian companies were included in the Top 100 candy manufacturers of the “Candy Industry Magazine”:
- “Roshen” ranked 24th in the rating with sales of $ 800 million;
- “Konti” (Donetsk) is at the 43rd place with sales of $ 469 million;
- “AVK Company” ranks 67th in the rating with sales of $ 275 million.
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The Ukrainian agroholding "Mriya" has started sowing sugar beet, total acreage of 3 500 hectares are planned for the crop.
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According to the rail cargo monitoring by Sugar.Ru, Ukraine supplied 271 tons of white sugar via Russia in March 2017. In just three months of 2017, Ukraine's transit amounted to 1.5 thousand tons by the Russian railroad (in 2016 it was 4.4 thousand tons, in 2015 - 30.5 thousand tons), most of which went to Tajikistan. From the beginning of the sugar season, Ukraine has supplied 27.4 thousand tons of white sugar.
BELARUS
The sugar beet sowing campaign has started in Baranovichi, Brest and Kobrin districts of Brest region of the Republic of Belarus.
KAZAKHSTAN
Aksu sugar factory - the largest sugar beet processing plant in the Almaty region will be restored. The enterprise is planned to start by the end of this year. But the beet receiving point (totals 80 hectares) will begin to accept the harvest from the farmers in September already.
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