Sugar market news from Russia and Belarus, Dec 28, 2021

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The Raevsakhar Company and the Chishminsky sugar plant have processed over 693 thousand tons of beets and received more than 112.1 thousand tons of sugar by December 27, the press service of the Ministry of Agriculture of the Republic of Bashkortostan reports. The average production yield for the two plants makes 16.2% (in 2020 it did not exceed 15.7%).


Prodimex Group of Companies invested about 2.7 billion rubles in Voronezh enterprises in 2021. More than half of the funds - 1.65 billion rubles – to purchase new equipment, another 331 million rubles - for the modernization of factories. The gross harvest of the enterprises of Prodimex Agro Management Company in the Voronezh Region amounted to more than 2.7 million tons with an average yield of 37.0 MT/ha. Sugar beets stocks made 3.6 million tons (the average sugar content is more than 18%), of which about 2.9 million tons of own beets. The average production yield of sugar from a hectare makes 2.7 MT. Field work at all enterprises are fully completed.


Sugar stocks with the industrial enterprises in the Republic of Belarus amounted to 196.5 thousand tons as of December 1, 2021, which is 64.1% more than the volume of reserves as of the first day of the last month. These figures were sounded to Sugar.Ru by the National Statistical Committee of the Republic of Belarus.



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