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RUSSIA
According to the figures by Williams Brasil dated November 20, 2018, total 11 vessels have been nominated to carry 408894 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 408894 MT from 11 vessels, based on Sugar.ru data.
UKRAINE
According to data analysis of the State Fiscal Service of Ukraine, conducted by Sugar.Ru, for 9 months (January-September) of 2018:
- export of white sugar (HS code 170199) amounted to 397,586 tons, in September - 11,100 tons. The main importers of white sugar from Ukraine are Uzbekistan (204,135 tons). Libya (37,115 tons), Turkey (33,342 tons) and the United Kingdom (23,193 tons).
- import of white sugar amounted to 869 tons, in September - 107 tons.
- molasses exports (HS code 1703) amounted to 21,707 tons, imports - 51,093 tons, in September - 10,266 tons.
- export of beet pulp (HS code 230320) amounted to 52 502 tons, in September - 469 tons.
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Experts from "Ukrtsukor" have lowered the forecast of sugar production in the 2018-2019 marketing year down to 1.7 million tons from previous estimation of 2 million tons judging by the low sugar content in sugar beet.
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Following the 10 months of 2018 the average consumer price of sugar beet was UAH 766.1/MT (RUR 1762.28 at the current rate of the Central Bank), excluding VAT, subsidies, transportation, forwarding and overhead costs, according to the State Statistics Committee of Ukraine.
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According to provisional forecasts, sugar beet crop acreage in 2019 may be reduced by 25% compared to 2018 - to 200-220 thousand hectares, reports Ukrtsukor. This may be driven by the growing cost of sugar beet and the low price of sugar on the world market, which impedes the export of Ukrainian sugar.
KYRGYZSTAN
By November 15, 2018, Kyrgyz farmers have harvested sugar beet from an area of 15.1 thousand hectares (93.2% of the plan), total 688.86 thousand tons of beets collected with an average yield of 45.44 MT/ha, Sugar.ru was reported by the Ministry of Agriculture, Food Industry and Land Reclamation of the Kyrgyz Republic.
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КОММЕНТАРИИ