Sugar prices in Russia up 17.8% year-on-year
Sugar prices in Russia rose by 17.8% over the year. Retail prices increased by 17.8% annually, with a 25.7% rise since January, according to Kommersant citing Rosstat data.
Consensus
- The retail price of sugar in Russia increased by 17.8% over the year as of August 24.
- The price of sugar rose by 6.9% in the last month.
- The year-to-date increase in sugar prices was 25.7%.
- The rise in sugar prices followed two years of price decline.
- Seasonal demand is cited as a factor influencing price increases.
- Production costs have risen due to higher expenses for seeds, machinery, logistics, and labor.
- Russia's self-sufficiency in sugar in 2025 was 104.9%.
- Export volumes of sugar from Russia increased by 28% in January–March 2026 compared to the same period in 2025.
- World sugar prices rose by 15–20% over the last month, with a 26.5% increase in August.
- The October futures contract on ICE Futures reached 18.54 cents per pound, the highest since April 8, 2025.
- The Federal Antimonopoly Service (FAS) reported a 7% average reduction in sugar prices in six regions and a 7.4% reduction in trade markups in 12 regions as of August 21.
Points of divergence
- The weekly price increase for sugar from August 25 to 31 was 0.9%, down from 1.6% the previous week. — interfax
- Eggs began to rise in price, increasing by 0.6% over the week, after a previous decrease of 0.2%. — interfax
- The overall price increase for food products in Russia in 2025 was 5.2%. — interfax
- The Ministry of Agriculture attributes the price rise to a 'seasonal factor' due to increased demand from consumers and the food industry during summer. — tvrain
- The Ministry of Agriculture attributes the price rise to 'seasonal factor'. — tg_tvrain
- The Ministry of Agriculture noted that wholesale sugar prices decreased by 1.6% in August. — vedomosti
- The Ministry of Agriculture stated that wholesale sugar prices decreased by 1.6%, and that the seasonal factor is influencing prices. — kommerzant
Coverage (5 sources)
- Sugar prices in Russia slowed to 0.9% from August 25 to 31, eggs began to rise — Интерфакс
- By how much did sugar prices in Russia increase over the year — Дождь
- Sugar price in Russia rose by 17.8% over the year — Дождь (Telegram)
- Sugar cost increased by 17.8% over the year — Ведомости
- Sugar prices in Russia rose by 17.8% over the year — Коммерсантъ