Rusagro has announced the end of beet sugar production season
18.01.22In season 2021/2022 sugar plants of the Group operated for up to 130 days and produced 754 thousand tonnes of sugar. Output has increased by 21% in comparison to the previous season.
Sugar production season has started on 1 September, 2021 and ended on 16 January, 2022. During the season Rusagro has processed 4.85 million tonnes of sugar beet, including 3.58 million supplied by Rusagro agriculture business, with an average sugar content of 19%. Sugar stock at the year end are estimated at c. 466 thousand tonnes.
In 2021, the Group also produced 83 thousand tonnes of sugar from molasses. Before beginning of the new season, Rusagro plans to produce c. 122 thousand tonnes of sugar from molasses.
According to the analytical center of Souzrossakhar, in reporting season as at 10 January, 2022 Russia has processed 37.0 million tonnes of sugar beet and produced 5.3 million tonnes of sugar