Ukraine has reduced over the year the export of sugar in 8 times
amid increasing competition with Russia for the supply of sugar in the country from the CIS, Ukraine gradually reduces exports, while Russia is stepping up its.
In season 2019/20 my Ukraine exported 17 tonnes of sugar, which is 8 times less than in the same period of the previous season. The main buyers of Ukrainian sugar Azerbaijan and Tajikistan.
As of December 2, Ukraine completed the harvesting of sugar beet, the yield of which amounted to 9.8 million tonnes, which is 30% lower than in 2018 due to the reduction in acreage.
sugar Production in 2019/20 MG will not exceed 1.4 million tonnes compared to 1.8 million tonnes in the previous season. During September-November of the new beet crop already produced 1.27 million tons of sugar, which is 15% less than during the same period, 2018
Experts estimate that stocks of sugar at the beginning of the season to 478 thousand tons, production is 1.4 million tonnes, domestic consumption of 1.36 million tonnes, with the decline in exports to 269 thousand tons will lead to a reduction of ending stocks in 2019/20 MG to 250 thousand tons.
Caused by record yields of sugar cane in India and Brazil, the fall in world sugar prices lowered export prices for beet sugar and reduced demand, which led to a decrease in profitability of sugar beet cultivation and a reduction in sowing areas.
According Sugar.Ru Russia in November exports of 110 thousand tons of white sugar, and since the beginning of the season while exports of 250 thousand tons of the Largest buyers of Russian sugar in November of steel Uzbekistan (38,5 thousand tons) and Kazakhstan (22.9 thousand tons).
Dimensions of soyuzrossakhar reported that as at 28 November in Russia collected 41.5 million tonnes of sugar beet and produced 5.4 million tonnes of sugar, which is 0.6 million tonnes higher than the corresponding period last year. It is expected that production of sugar beet harvest in 2019 will amount to 7.2 million tons of sugar Exports from Russia is estimated at 500 to 1,000 thousand tons, which will exceed the record set in 2017, when the country exported more than 570 thousand tons.
