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Sales of white sugar at the auctions have reached a record level: the total volume is 4020 tons, and prices have confidently risen to 56500 rubles.
agricultural products
Sugar

Sales of white sugar at the auctions have reached a record level: the total volume is 4020 tons, and prices have confidently risen to 56500 rubles.

On November 20, 2024, trading sessions on white sugar were held at the National Commodity Exchange and the Saint Petersburg Exchange.

10 contracts for 820 tons were sold at a price range of 55480-56500 rubles per ton, and one contract for 200 tons at 54500-56000 rubles per ton.

The maximum prices at the National Commodity Exchange and the Saint Petersburg Exchange were 56500 and 56000 rubles per ton respectively.

21 November 2024 21 November 2024

During the spot trading on the National Commodity Exchange (NCE) on November 20, 2024, 10 contracts of white sugar were sold. The total sales volume amounted to 820 tons at an average price of 55,480 rubles per ton (US$555.12 at the Central Bank exchange rate on the specified date).

Commodity auctions at the NCE also resulted in one sale of a white sugar contract. The sales volume was 2,000 tons, with an average price of 54,500 rubles per ton (US$545.31 at the Central Bank rate on that date).

One contract for 200 tons of white sugar was executed at the Saint Petersburg International Commodity and Raw Materials Exchange (SPIMEX). The average price was 56,000 rubles per ton (US$560.32 at the Central Bank rate on the specified date).

Maximum trading prices by federal districts

Exchange Central Federal District (CFD) Privolzhsky Federal District (PFD)
NCE (spot trading) 56,500 55,000
NCE (commodity auctions)   54,500
SPIMEX 56,000  

White sugar trading on November 20, 2024

Delivery basis Commodity Price (minimum) Price (maximum) Transaction volume (tons) Transaction volume (rubles) Number of transactions
NCE (spot trading)
JSC "DSZ" White sugar 56,000 56,000 140 7,840,000 2
LLC "Romodanovosahar" White sugar 55,000 55,000 300 16,500,000 1
NCE (commodity auctions)
Shipment within 30 days on FCA terms from the warehouse located at: JSC "Zainsky SUGAR" Republic of Tatarstan, Zainsk, Zavodskaya str., 1 Sugar TS-2, with VAT 54,500 54,500 2,000 109,000,000 1
SPIMEX
Gribanovsky Sugar Plant warehouse White crystalline sugar TS 2, (extended delivery term), Gribanovsky Sugar Plant warehouse (self-pickup by truck) 56,000 56,000 200 11,200,000 1
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