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Russian sugar progressing well

This article was originally published in The Public Ledger

SUGAR beet sowings in most Russian planting areas were proceeding well, despite a drought in the country’s southern regions, Andrey Bodin, chairman of the Russian Sugar Producers’ Union said on Wednesday. Similarly, Yevgeni Ivanov, sugar market analyst with the Institute for Agricultural Market Studies, said this year the weather was not as favourable as a year ago but the situation itself was far from being dreadful.

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