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Russia Sugar Output from Raws down 10.7 Pct Yr/Yr

Source: Reuters
17/06/2009

Moscow, June 17 - Russia refined 984,200 tonnes of white sugar from imported raws between the start of the year and June 15, down 10.7 percent from a year earlier, despite a leap in imports, the country's main industry lobby said on Wednesday.

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Russia, the world's second largest raw sugar buyer, restricted imports through a seasonal tariff of $220 per tonne from December 2008 to May 2009, replacing the previous tariff of $140 per tonne.

The tariff fell to $165 per tonne from May 1, causing a notable increase in imports.

The lobby group, the Russian Sugar Producers' Union, believes Russian raw sugar imports may fall this year to 2 million tonnes from 2.29 million tonnes in 2008.

The union gave the following data:

Russian white sugar refining from raws as of June 15 (in tonnes):

                                       2009       2008
Raws received at refineries            625,300  1,038,700
Raws processed*                      1,008,200  1,124,100
White sugar produced                   984,200  1,101,500
Refineries involved                         18         24
Remaining raw stocks*                  132,600    208,800

  

*including stocks carried over from the previous year.

 



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