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Sugar Exports at 75,000 Tons

Russia exported about 75,000 tons of sugar from the start of the season on Aug. 1 through the middle of this month, the Institute for Agricultural Market Studies, known as Ikar, said Tuesday.

The country shipped 153,000 tons of molasses and about 252,000 tons of granulated beet pulp.

Export destinations included former Soviet republics, Afghanistan and Mongolia, as well as new markets including Syria and Montenegro. Sugar shipments also went to Belize, Germany, Israel, India, Canada, China, North Korea, Cuba, Mexico, Norway, Panama, the United States, Thailand and Japan. Producers' sugar prices in Russia fell to about 19,000 rubles ($590) a ton Monday, down from about 31,000 rubles on July 18.

(Bloomberg)

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