12.03.2024, 08:52
The Ministry of Agriculture proposed to ban sugar exports from Russia until August 31
Source: OREANDA-NEWS
OREANDA-NEWS The Ministry of Agriculture has prepared a draft government decree banning sugar exports from Russia until August 31, 2024. The document is posted on the website regulation.gov.ru.
"To establish from the date of entry into force of this resolution to August 31, 2024, inclusive, a temporary ban on the export of cane or beet sugar and chemically pure sucrose in solid state (code 1701 HS of the EAEU) from the Russian Federation," the draft says.
The document provides for a number of exceptions. In particular, the ban will not apply to sugar exported to the EAEU countries within the volumes provided for by the indicative balances. But at the same time, export permits are required, issued by the Ministry of Agriculture in accordance with the procedure approved by the Ministry itself.
As Interfax sources reported earlier, the possibility of banning sugar exports was discussed at the Ministry of Agriculture at the end of February. The need for this measure was justified by "concern about the intensification of sugar supplies abroad." "In this situation, it is important that there are sufficient rolling stocks by the new season," one of the sources said.
The Ministry of Agriculture did not respond to the request at that time.
As reported in the final review of the Institute of Agricultural Market Studies (ICAR) on the sugar market for 2023, exports from Russia have noticeably intensified since the autumn of 2023 and in November reached 83 thousand tons by rail alone. Russia has returned to almost all its traditional markets - the CIS countries, North Korea, Mongolia, Afghanistan, Turkey, Serbia. Since November, the supply of raw beet sugar by grain hoppers to Uzbekistan and Azerbaijan has begun.
According to ICAR, from August 2023 to mid-February of this year, sugar exports from Russia by rail amounted to 442,000 tons compared to 164.3 thousand tons for the same period last season.
The main volumes of exports go by rail. In addition, sugar is exported by road and very little by sea.
According to the Eurasian Sugar Association, 6.6 million tons of beet sugar have been produced in Russia since the beginning of the current season (from August 1, 2023), which is 0.7 million tons more than a year earlier.
"To establish from the date of entry into force of this resolution to August 31, 2024, inclusive, a temporary ban on the export of cane or beet sugar and chemically pure sucrose in solid state (code 1701 HS of the EAEU) from the Russian Federation," the draft says.
The document provides for a number of exceptions. In particular, the ban will not apply to sugar exported to the EAEU countries within the volumes provided for by the indicative balances. But at the same time, export permits are required, issued by the Ministry of Agriculture in accordance with the procedure approved by the Ministry itself.
As Interfax sources reported earlier, the possibility of banning sugar exports was discussed at the Ministry of Agriculture at the end of February. The need for this measure was justified by "concern about the intensification of sugar supplies abroad." "In this situation, it is important that there are sufficient rolling stocks by the new season," one of the sources said.
The Ministry of Agriculture did not respond to the request at that time.
As reported in the final review of the Institute of Agricultural Market Studies (ICAR) on the sugar market for 2023, exports from Russia have noticeably intensified since the autumn of 2023 and in November reached 83 thousand tons by rail alone. Russia has returned to almost all its traditional markets - the CIS countries, North Korea, Mongolia, Afghanistan, Turkey, Serbia. Since November, the supply of raw beet sugar by grain hoppers to Uzbekistan and Azerbaijan has begun.
According to ICAR, from August 2023 to mid-February of this year, sugar exports from Russia by rail amounted to 442,000 tons compared to 164.3 thousand tons for the same period last season.
The main volumes of exports go by rail. In addition, sugar is exported by road and very little by sea.
According to the Eurasian Sugar Association, 6.6 million tons of beet sugar have been produced in Russia since the beginning of the current season (from August 1, 2023), which is 0.7 million tons more than a year earlier.
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