Russian and CIS sugar news, June 02, 2021

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According to the Ministry of Agriculture of the Russian Federation, as of June 1, 2021, sugar beet was sown in Russia on an area of 1 million hectares, or 95.4% of the forecast.


According to "Agroperspektiva", sugar factories of Ukraine slightly reduced the selling prices for sugar at the beginning of May 2021.At the end of April the factories sold sugar at UAH 21,300/ton (RUR 56,844.37/ton), then in May the factories offered sugar at UAH 21,250/ton (RUR 56,710.93/ton).


According to the Statistical Committee of the Republic of Kazakhstan, sugar prices from producers increased by 1.9% in May 2021; from the beginning of the year (by December 2020) the growth was 10.4%, in one year (compared to May 2020) prices increased by 25.7%.



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