Russia increased sugar exports by rail

From August 2023 to mid-February 2024, Russia exported 442 thousand tons of sugar by rail, which is almost three times the volumes of the previous season, writes field.rf with reference to leading expert of the Institute of Agricultural Market Studies (IKAR) Evgeniy Ivanov. According to him, the largest buyer of Russian sugar delivered by rail is Kazakhstan, where 202.5 thousand tons have been delivered since the beginning of the season. Also on the list of leaders are Tajikistan (59 thousand tons) and Uzbekistan (56 thousand tons). Supplies to Mongolia and the DPRK are also increasing. Despite active exports, sugar reserves among producers in the 2023/24 season remain high; by the end of January they reached 2.7 million tons, which is 576 thousand tons more than a year earlier. It is predicted that sugar production in the current season will exceed 6.8 million tons, and exports will amount to 900 thousand tons. According to Soyuzrossakhar, from the beginning of the current ...