International Sugar Journal

Russia – Sugar beet production cost rises by 43% in 2022 [Registered]

Production cost for cultivating sugar beet in Russia has escalated by 43% to 150,000 rubles/ha from 104,000 last year, according to Aleksey Lomanov, Deputy Chairman of the Board of the Soyuzrossakhar Association.

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Russia – Traders divert sugar shipments as panic buying creates artificial shortage [Full subscriber]

According to industry sources and shipping data, commodity traders have started diverting sugar shipments away from Russia, a move set to boost soaring domestic prices further, reported Reuters.

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Amidst shortages and panic buying Russia imports 200,000 tonnes sugar [Full subscriber]

At least five vessels are headed toward Russia, with nearly 200,000 tonnes of Brazilian raw sugar sold by European traders. This is about double the country’s normal annual sweetener imports, reported Reuters.

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Russia – IKAR forecasts 2021/22 sugar output at 5.8 million tonnes [Full subscriber]

Sugar production in the 2021/22 season is expected to be 5.8 million tonnes, according to the analyst Evgeny Ivanov at Institute for Agricultural Market Studies (IKAR).

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Russia – Construction of new US$270 million beet sugar factory to commence in Q3 2021 [Full subscriber]

Construction of a beet sugar plant in the Tselinsky district Rostov region, expected to cost RUB20 billion (US$270 million), is planned to begin in the third quarter of 2021, according to the first deputy governor of the region, Viktor Goncharov, Interfax reported.

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Russia – 2020 sugar output forecast to decline by over 1 million tonnes [Full subscriber]

Russia’s sugar production is expected to decline to 5.8-6.4 million tonnes this year, from 7.8 million tonnes in 2019, the Interfax news agency reported, citing an estimate by IKAR agriculture consultancy.

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Russia – 2020/21 sugar output forecast to decrease by 25% due to reduced acreage and inclement weather during crop establishment [Full subscriber]

The 2020/21 beet sugar output is forecast to decrease by 20-25% on the back of both reduced acreage and adverse weather conditions.

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Russia – 2019/20 sugar output forecast at 7.7 million tonnes – exporting surplus is a challenge [Full subscriber]

The 2019/20 sugar production in Russia is forecast at 7.7 million tonnes, according to Andrei Bodin, Chairman of the Board of Soyuzrossahara.

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Russia – 2019/20 beet sugar output to peak at over 6.4 million tonnes [Full subscriber]

Russia is forecast to produce a record 6.4-6.7 mln tonnes of beet white sugar in 2019/20 compared with 5.9 million tons in 2018/19, said the Institute for Agricultural Market Studies (IKAR).

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Russia – Exports struggle as sugar produced is not cost-competitive [Full subscriber]

Russia’s difficulty exporting its sugar could slow the expansion of the industry that’s seen a big transformation in the past two decades, reports Bloomberg.

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