Sugar market news from Russia, May 25, 2021

Latest news are available in our daily reports.

RUSSIA

The Board of Directors of the Dobrinsky Sugar Plant recommended that shareholders make a decision not to pay dividends for 2020 at a meeting held on June 25. It is recommended not to distribute the net profit for 2020 in the amount of RUB 361.48 million.

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According to the Ministry of Agriculture of the Russian Federation, as of May 24, 2021, sugar beet was sown in Russia on an area of 1 million hectares, or 93.7% of the forecast.

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