Russian, Ukrainian and Kazakh sugar news, Aug 04, 2017

Latest news are available in our daily reports.

RUSSIA

According to the Ministry of Agriculture, the country has harvested 5,1 thousand hectares with 236,900 tons of beets collected at a yield of 46.49 MT/ha as of August 3, 2017.

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Investigative bodies of the Penza region initiated a criminal investigation over the fact that the Bekovsky Sugar Plant LLC has committed tax evasion at especially large scale, total loss makes 165 million rubles.

KAZAKHSTAN

The Ministry of Economy of Kazakhstan considers the import of sugar from Azerbaijan a promising one, the potential of such imports is estimated at $ 68.5 million. The current volume of sugar imports from Azerbaijan is $ 7.8 million.

UKRAINE

The Antimonopoly Committee of Ukraine (AMCU) has authorized "Agro-Orms" LLC to acquire a stake in the authorized capital of PJSC "Shepetovsky Sugar Refinery" (both - Khmelnitsky region).

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According to Gosstat, the total volume of sales of sugar amounted to UAH 5388.7 million excl. VAT and excise tax in January-June of 2017 (about 12659 million rubles at the current rate of the Central Bank of the Russian Federation), of which the exports have made UAH 770.3 million (about 18410 million rubles).

Sugar.Ru

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