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RUSSIA
Russian retailers have received letters from a number of suppliers and manufacturers of confectionery products stating the upcoming price hike in the range of 5–20% due to the rise in prices for ingredients, including sugar.
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As of November 22, 117 thousand hectares of sugar beet fields were harvested in the Voronezh region, the average yield is 36.76 MT/ha. The factories of the region have procured 3.65 million tons of sugar beet including 2.82 million tons already processed; 433 thousand tons of sugar produced. The sugar production yield is 15.5%; sucrose content - 18.13%.
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The harvesting of sugar beets has been completed in the Belgorod region, the regional administration reports. More than 2 million tons of beets were harvested with average yield of 42.6 MT/ha, which is 6.8 MT/ha higher than last year figure.
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As of November 21, the factories of the Krasnodar Territory produced over 1 million tons of sugar, which is already 200 thousand tons more than last year, the regional administration reports.
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