Russian and Ukrainian sugar news, April 23, 2021

Latest news are available in our daily reports.

RUSSIA

According to the Ministry of Agriculture, sugar beets were sown on an area of 239.2 thousand hectares as of April 22, 2021 or 22.5% of the forecasted area.

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The Council of the Eurasian Economic Commission has resolved to zero the duty on the import of 350 000 tons of sugar to Russia from May 15 to September 30, 2021. Now the import duty for white sugar import from non-EAEU countries is $ 340 per ton. Simultaneously no customs duties will be charged for sugar imported to the Republic of Armenia in the amount of no more than 22.4 thousand tons, to the Republic of Kazakhstan - no more than 134.4 thousand tons, to the Kyrgyz Republic - no more than 40 thousand tons.

According to the calculations of Sugar.Ru, today the upper limit of economically justified import of white sugar to Russia is about 120 thousand tons. Import of white sugar to Kazakhstan and Kyrgyzstan today does not make any economic sense.

UKRAINE

The sowing of sugar beets in the Poltava region in 2021 has been completed on an area of 25.5 thousand hectares, the regional administration reports.

Sugar.Ru

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