Sugar market news from Russia, Belarus and Kyrgyzstan, March 26, 2021

Latest news are available in our daily reports.

RUSSIA

The Russian Ministry of Agriculture expects that the price of sugar will decrease after a new crop is harvested and processed, said Deputy Minister of Agriculture of the Russian Federation Elena Fastova.


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It will be possible to lift restrictions on prices for sugar and sunflower oil this fall, when, according to forecasts, a large harvest will be collected, said the head of the Ministry of Economic Development Maxim Reshetnikov.

BELARUS

Sugar stocks with industrial enterprises amounted to 208.7 thousand tons as of March 1, 2021, which is 15% less than the volume of reserves as of the first day of last month, according to the Statcom RB.

KYRGYZSTAN

The State Material Reserves Fund of the Republic of Kyrgyzstan began to procure granulated sugar and vegetable oil. Contracts have been signed for the supply of 506,294 tons of sunflower oil and 3, 46 tons of granulated sugar. Delivery is scheduled for April 2021

Sugar.Ru

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