Sugar news from Russia and CIS countries, Jul 04, 2018

Latest news are available in our daily reports.

RUSSIA

he duty on import of raw sugar to the Customs Union remains at $ 250/MT in July 2018. The average monthly price for raw sugar at the ICE stock exchange was $ 266,29/MT in June 2018, respectively, the import duty in August 2018 will remain at the level $250/MT.

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According to the figures by Williams Brasil dated July 3, 2018, total 9 vessels have been nominated to carry 337694 MT of raw cane sugar in 2018 season from Brazilian seaports to the Black/Baltic seaports with end-receivers in CIS, Georgia and Baltic states. As of today, the volume received and unloaded makes 226694 MT from 6 vessels, based on Sugar.ru data.

KAZAKHSTAN

According to the analysis of the Statkom of Kazakhstan, conducted by Sugar.Ru, the wholesale price of white sugar from producers (excluding excises and VAT) increased by 0.4% and amounted to 159.5 thousand tenge/MT in June 2018, (or 29.6 thousand rubles / ton at the rate of the Central Bank of Russia for the middle of the reporting month).

TAJIKISTAN

The Government of Tajikistan will regulate the prices for 16 types of goods and essential products, including sugar, according to the Tajik service of Radio Liberty.

Sugar.Ru