In Russia in the first half of 2015 sugar was produced by 19.5% less than the corresponding period in 2014, including white cane in the solid state by 2%. From January to June 2015 imported raw sugar is 19.4% less than the corresponding period last year. These are the data of monitoring of development of sectors of the Russian economy for the 1st half of 2015, conducted by the Ministry of economic development.

According to experts, the level of carryover stocks of sugar at the end of June amounted to 2.3 million tons, 170 tons higher than the same level in 2014.

Because of the possible adverse scenario agro-climatic conditions in the major regions of cultivation of sugar beet is expected a slight decline of sugar production in comparison with the release of last year.

The monitor notes that the world sugar market remains in a downtrend. In June the average monthly price for raw sugar on the new York Mercantile exchange ICE has decreased by 2.1% compared with the previous month and amounted to 258,95 dollars. USA per ton. In accordance with the current procedures, import duty on raw sugar in the countries of the EEU in August 2015 will be $ 250. USA per ton. The size of the bet to the same month of 2014 amounted to 171 USD. USA per ton.