CEO: Rusagro can cut sugar beet area, keep sales flat - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

CEO: Rusagro can cut sugar beet area, keep sales flat

MOSCOW, Mar 20 (PRIME) -- Russian agricultural holding Rusagro plans to reduce the area sown to sugar beets but keep sugar sales on the level of previous years, CEO Maxim Basov said at a conference call late on Monday.

“We think that reduction of the sown area of sugar beet will not be significant, no more than 10%,” Basov said.

He said that the company may sell 400,000 tonnes of sugar from reserves in January–August and produce and sell 35,000 tonnes of molasses sugar. The amount of production and sales in September–December will depend on the harvest, Basov said. 

End %%mk/jst%%

20.03.2018 08:57
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 72.2440 -0.1162 19 apr
USD 64.0688 +0.1238 19 apr
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1258.76 -0.53 16:13 18 apr
micex 2558.46 -0.38 16:13 18 apr
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 161.95 -1.25 15:57 18 apr
lkoh 5595.00 +0.20 15:57 18 apr
rosn 436.25 -0.06 15:57 18 apr
sber 231.47 -1.21 15:57 18 apr
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 71.9125 -0.2875 14:59 18 apr
USDTD 63.8950 -0.3250 17:44 18 apr