Russian market - Sugar Market and Sugar Industry: Overview and Trends - Incubator

From 23.06.2025 to 27.06.2025, 5,780 tons of white sugar were sold on the NTB and SPbMTSB exchanges at a price ranging from 53,500 to 60,900 rubles/ton. Sales volumes: Central Federal District (ЦФО) – 2,640 tons, Southern Federal District (ЮФО) – 920 tons, Northwestern Federal District (ПФО) – 660 tons, North Caucasian Federal District (СФО) – 60 tons, Ural Federal District (УрФО) – 1,400 tons, Siberian Federal District (СКФО) – 100 tons.

In 2025, in Tatarstan, 283 thousand tons of grain seeds were used for sowing. The usage of domestic seeds has been increased in accordance with the Doctrine of Food Security. In particular, Russian seeds are actively used for sowing sugar beets.

At the National Commodity Exchange, 2 contracts of white sugar were sold, each for 60 tons, at an average price of 51,000 rubles per ton.

In the South, the maximum price is 51,000 rubles.

The Tbilisi factory sold 60 tons at 51,000 rubles per ton.

The Central Bank of Russia has reduced the key interest rate to 20% per annum. Inflation has slowed down, and the economy is recovering.

The Central Bank aims to bring inflation back to 4%. The labor market maintains low unemployment. External factors may affect inflation.

The next Central Bank meeting is scheduled for July 25th.

In early 2025, Russia increased molasses exports by 2.1 times compared to the previous year, earning $15 million. Turkey was the largest buyer, purchasing over 100,000 tons. The export of beet pulp also grew by 7%, with Morocco becoming the main consumer.

The company from Rostov filed a lawsuit in the Arbitration Court of the Tambov Region for 266.3 million rubles against the company "South-Eastern Agrogroup". The reason - a contract for the transportation of goods.

The revenue and profit of the plaintiff for the year 2024 are 287 million rubles and 665 thousand rubles. The defendant grows sugar beets, with revenue and profit for the year 2024 amounting to 17 billion and 7.3 billion rubles.

In the Tambov region, stricter control over the overload of agricultural machinery during harvest is planned. Excessive load of machines with sugar beets damages roads. In 2025, it is planned to tighten the practice.

6 contracts of white sugar were sold on the National Commodity Exchange, while 2 contracts were sold on the Saint Petersburg Commodity Exchange. The maximum trading prices vary by federal districts. The average prices per ton are 55,350 and 54,500 rubles respectively.

On May 23, 2025, 4 contracts of white sugar were sold on the NTB at a price of 56160 rubles per ton and 1 contract at spot trading. Sales were also made at the SPbMTSB. Price peaks: NTB (spot) - 57500, (auctions) - 59000, SPbMTSB - 55500 rubles per ton.

On the National and Saint Petersburg Stock Exchanges, from 19.05.2025 to 23.05.2025, 6,936 tons of white sugar were sold at a price of 57,529 rubles per ton. Here is the breakdown by regions: Southern Federal District (SFD) - 800 tons at 55,290 rubles per ton, Northwestern Federal District (NWFD) - 1,160 tons at 56,017 rubles per ton, Central Federal District (CFD) - 4,976 tons at 58,242 rubles per ton.

In Bashkortostan, the agricultural campaign is still ongoing. The sown area has already exceeded 66% of the total plan, including sugar beets, which account for 87% of the planned volume. The activity is high.

At the auction on May 20, 2025, white sugar was sold in the following quantities and prices:

• 360 tons at 56322 rubles per ton,
• 40 tons at 59500 rubles per ton at commodity auctions, and
• 260 tons at 55500 rubles per ton at SPbMTSP.

The maximum prices were: NTB - 57700 rubles, Southern Federal District - 55500 rubles, and Northwestern Federal District - 59500 rubles. Trading in sugar with different prices and contract volumes was conducted on different exchanges.