Latest news are available in our daily reports.
RUSSIA
According to the press service of Rusagro Group of Companies, company sales decreased by 62 thousand tons or 37% in the first 3 months of 2019 (compared to the first quarter of 2018) mainly due to a decline in sugar sales. The decrease in revenue was partially offset by a 31% increase in sugar sales prices. For 3 months of 2019, the company made investments of 1,367 million rubles in the construction of a second line of (in 2018: 700 million rubles), and another 1 953 million rubles in the modernization of sugar factories and in the agriculture division (in 2017: 6 619 million rubles.)
*
According to the Ministry of Agriculture of the Russian Federation, as of May 17, 2019, Russia has sown with sugar an area of 1.1 million hectares or 98.5% of the forecast area (in 2018 - 1.1 million hectares).
KAZAKHSTAN
By May 20, 2019, sowing of sugar beet in Kazakhstan was performed on an area of 19.4 thousand hectares out of 22.8 thousand hectares planned (in 2018 - 19.4 thousand hectares out of 21.5 thousand ha), Sugar.Ru was reported in the Ministry of Agriculture of the Republic of Kazakhstan.
UKRAINE
In January-April 2019 Ukrainian enterprises sold 255.9 thousand tons of white beet sugar (+ 0.9% by 2018). These figures were reported to Sugar.ru in the State Statistics Service of Ukraine. The average consumer price of sugar amounted to UAH 8936.9 per ton (21610.67 rubles/MT - at the average rate of the Central Bank of the Russian Federation for 2019), which is 4.9% less than in 2018. The price is indicated without VAT, subsidies, transportation, forwarding and overhead costs.
*
According to the analysis of data by the Federal Customs Service of Ukraine, conducted by Sugar.Ru, in 3 months (January - March) 2019, export of white sugar (HS code 170199) made total 103 974 MT, in March only - 29 824 MT. The main importer white sugar from Ukraine - Azerbaijan (16 515 MT). Export of beet pulp (HS code 230320) made total 68 353 MT, in March only - 20 152 MT. The main importer beet pulp from Ukraine - Saudi Arabia (38 256 MT).
2 )
КОММЕНТАРИИ