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RUSSIA
According to Soyuzrossahar, as of September 17, 2018, total 1.07 million tons of beet sugar was produced. The daily production of sugar exceeds 51 thousand tons, which is 4 thousand tons more than last year at that date.
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According to the Ministry of Agriculture, as of September 18, 2018, sugar beet was harvested from an area of 308.9 thousand hectares or 27.4% of the area sown (in 2017 - 300.1 thousand hectares). Bulk harvest of 10.7 million tons was collected (in 2017, 12.5 million tons), with average yield of 34.52 MT/ha (in 2017 – 41.78 MT/ha).
Ukraine
According to Statkom of Ukraine data, analyzed by Sugar.Ru, wholesale price of sugar from producers increased over the month by 1.08% and has made 9780.1 UAH/MT in August 2018 (in the previous month - 9675.8 UAH/MT, in August 2017 - 12746.2 UAH/MT). Russian ruble equivalent price (at the exchange rate of the Russian Central Bank for the middle of the reporting month) has increased over the month of August 2018 by 3.43% and has made 23 766.2 RUB/MT (in the previous month – 22 979.1 RUB/MT, in August 2017 – 29 747.6 RUB/MT). USD equivalent price (at the exchange rate of the Russian Central Bank for the middle of the reporting month) has decreased over the month by 3.48% and has made 356.0 USD/MT in August 2018 (in the previous month - 368.9 USD/MT, in August 2017 - 497.5 USD/MT)
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