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RUSSIA
Following the sugar factories which were launched at the end of last week, the Gulkevichsky plant has started its juice extracting season. The start-up of the Leningrad and Tikhoretsky plants is expected by August 10, Pavlovsky - by August 15. Dobrinka plans to start shipping sugar of the new season on August 19. Forward contracts are offered at a price of 29 rubles per kilo.
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According to the railway monitoring data by Sugar.Ru, the main exporters of Russian white sugar in the season of 2017/18 are Prodimex (207.9 thousand tons), Sucden - 68.6 thousand tons) and Rusagro (56.3 thousand days). A total volume of 444.8 thousand tons of white sugar were shipped for export during the season.
KAZAKHSTAN
According to Statkom of Kazakhstan, the producer price of white sugar increased by 1.14% and amounted to 161289 Tenge/kg in July 2018 (excluding excises and VAT), or RUR 29216.05/kg (at the rate of the Central Bank of the Russian Federation by the middle of the reporting month).
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КОММЕНТАРИИ