IKAR in Mass Media

TABLE-Russian raw sugar imports fall in September

21 ноября 2011 года

MOSCOW, Nov 9 (Reuters) - Russia raw sugar imports plummeted to 700 tonnes in September from 90,400 tonnes in August and 70,800 tonnes in July following an increase in import tariffs and a high domestic beet sugar crop, customs data showed on Wednesday.

Russia increased its import tariff on raw sugar to $85 per tonne in July from $50 in June.

Russia officially expects to produce a record 5 million tonnes of beet sugar this season, although analysts' output estimates are lower due to a succession of frosts and thaws, which might cause high losses of beet stored in the open air.

"Output of sugar may rise above 4.5 million tonnes (only) provided favourable weather conditions and coordinated work of sugar refineries," the Institute for Agricultural Market Studies (IKAR) said in a monthly sugar review on Wednesday.

First Deputy Prime Minister Viktor Zubkov has said that Russia, formerly a major sugar buyer, may need no more imported sugar until the end of the year.

The Federal Customs Service data showed imports of tea, coffee and cocoa rose in the period from January to the end of September. It provided the following figures:

 RUSSIAN JANUARY-SEPTEMBER SOFT COMMODITY IMPORTS          
                  2011                     2010            
            Tonnes    $ mln          Tonnes    $ mln       
RAW SUGAR   2,328,900  1,707.6        1,916,500 1,033.1    
 Non-CIS*   2,328,800  1,707.6        1,916,500 1,033.1    
 CIS                0        0                0       0    
WHITE SUGAR    43,300     39.2           52,500    34.6    
 Non-CIS       41,200     37.2           46,600    30.1    
 CIS            2,100      2.0            5,900     4.5    
COFFEE**       79,200    369.7           75,700   228.7    
 Non-CIS       78,800    368.1           75,300   227.1    
 CIS              400      1.6              400     1.6    
TEA           140,400    461.0          132,700   411.2    
 Non-CIS      137,200    453.1          129,700   405.2    
 CIS            3,200      8.0            3,000     6.0    
COCOA BEANS    40,300    149.3           34,200   131.5    
 Non-CIS       40,300    149.3           34,200   131.5    
 CIS                0       0                 0       0    
COCOA-CONTAINING     
PRODUCTS      106,000    489.6           96,400   370.3    
 Non-CIS       34,600    229.4           26,400   151.7    
 CIS           71,400    260.2           70,000   218.6

* CIS - Commonwealth of Independent States includes 11 republics of the former Soviet Union.
** Coffee figures do not include soluble coffee.

Source: Reuters | #sugar | Comments: 0 Views: 89

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