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RUSSIA
According to Nikolai Shevchenko, Deputy Director General of Prodimex, the company plans to increase the capacity of sugar beet accepting points in the Voronezh Region to 1.2 million tons next year, which will allow to completely abandoning beet piles in the field.
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Average consumer price for refined sugar has reached 44.08 rubles for 1 kg in March 2017, which is 1.36 rubles less than a month ago. From the beginning of April 2017 the consumer prices for sugar decreased by 0.6%, according to Rosstat.
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According to the figures of the Ministry of Agriculture, by April 19, 2017, sugar beet was sown at an area of 580.0 thousand hectares or 51.4% of the forecast (in 2016 - 629.2 thousand hectares). According to the operative data of Soyuzrossaakhar, total acreage of 543.2 thousand hectares (46.6% of the plan) was sown with sugar beet in the Russian Federation by April 18, 2017 (in 2016 - 548.0 thousand hectares).
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According to preliminary estimates, the level of self-sufficiency with sugar was 94.6% in 2016 (the threshold value set by the Doctrine of Food Security - 80%), according to the report of the Government
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According to Sugar.ru price monitoring data for the period from April 13, 2017 to April 20, 2017, the US dollar rate dropped by 1.0% (on Apr 13 - 56.76 rubles/$; on April 20 - 56.18 rubles/$). The ruble Moscow wholesale price for sugar decreased by 0.20 rub./kg (-0.58%), the Krasnodar wholesale price increased by 0.40 rubles / kg (+ 1.23%). The dollar wholesale price for sugar rose by $ 0.002/kg (+0.33%) in Moscow, the wholesale Krasnodar price increased by $ 0.013/kg (+ 2.28%).
The demand remains low. Producers keep high prices before the May holidays; wholesale buyers are in no hurry to take significant volumes, expecting a possible drop in prices. The situation is similar to the New Year's Eve (before the long holidays), when the market was waiting for large-scale purchases, which turned to be significantly below expectations.
The export of Russian sugar continues at an impressive pace. Judging by rail shipments in the first 20 days of April, we can expect that April exports will show a new record of 50-55 thousand tons, closer to a greater value. Slightly less than 80% of the exports were provided by the Prodimex plants. Azerbaijan continues to be the main recipient of Russian exports. Perhaps the large-scale export of sugar is the strategy for which Prodimex keeps sugar till the end of the season, expecting a deficit. However, even with the current volumes of exports, it is not yet necessary to talk about a deficit by the beginning of the new processing season in August.
BELARUS
The production of sugar syrups it is planned to start at the Slutsk sugar factory and at Gorodeysky plant a shop on desugaring molasses is projected, according to Alexander Zabello, chairman of the Belgospischeprom concern.
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In January-February 2017, the country has imported 56,773.5 tons of raw sugar and sugar (an increase 2.8 times compared to 2016) for value of $ 25.818 million (an increase 2.9 times). Total 4 128.2 tons of sugar were exported (a 60.2% decline) for total value of $ 2 million 759 thousand (a decrease of 57.5%), according to the State Statistics Committee.
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