Sugar market news from Russia, Feb 19, 2020

Latest news are available in our daily reports.

RUSSIA

According to Soyuzrossahar, on February 17, 2020, 7 sugar factories were operating in the country: the Khokholsky (Voronezh), Gryazinsky and Lebedyansky (Lipetsk), Kirsanovsky (Tambov), Sergach (Nizhny Novgorod), Balashovsky, (Saratov) regions and the Cheremnovsky (Altai Territory). The source provides the following figures to date:

  • total beet harvested - 51.34 million tons;
  • total beet processed - 50.22 million tons;
  • total sugar produced - 7523 thousand tons.

Taking into account the beet stock with sugar factories and in field piles + sugar produced from beet molasses and syrup stored in the 2019/20 season, another 7.70 million tons of sugar can be produced.

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The Arbitration Court has published the operative part for case No. А64-7909 / 2019: Rusagro (plaintiff) versus Agrosnabsahar (defendant)

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According to the press service of the President of Tatarstan, due to unprofitability, Nurlat Sugar ceased its operation.

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In Tatarstan, according to the recommendations of the Russian Ministry of Agriculture, the sugar beet acreage will be reduced by 15%, the republican Ministry of Agriculture reports.

Sugar.Ru

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