Considerably cheaper sugar
Over the past two months , sugar prices fell 25% – from 16-16,12-12 5 UAH,25 UAH per kilo.
A decrease in the value of the Association “ukrsahar” explain its overproduction. About it writes “Today”.
This year Ukrainian plants boil 2 million tons of sugar. Last year was 1.6 million tonnes, which corresponds to the domestic consumption, plus about 500 thousand tonnes of carryover stocks. And the results of the 2016-2017 marketing year, Ukraine exported 769,3 thousand tons of sugar, which is an absolute record for all the years of independence.
The plants are ready to sell sugar cheaper, but to obtain cash for repayment of loans and payment of staff salaries
“Now sugar prices are lower world for 1.5-2 hryvnia per kilogram, but by January will be leveled,” – said the head of the Association of retail suppliers Oleksiy Doroshenko.
Earlier experts predicted the rise in sugar prices.
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