Ukraine ex­pects sugar ex­port high

China Daily (USA) - - BUSINESS -

Ukraine’s sugar beet ex­ports are ex­pected to hit a new record high of 250,000 met­ric tons this year, the coun­try’s sugar pro­duc­ers’ union Ukrt­sukor said on Tues­day. The ex­ports will rise due to a good har­vest of 13 mil­lion tons, high carry-over stocks and a pro­jected strong de­mand for the Ukrainian sweet­ener on the global mar­ket. Ukraine’s re­fin­ers are ex­pected to pro­duce about 2 mil­lion tons of sugar in the 2016-17 mar­ket­ing year, while the carry-over stocks are es­ti­mated to hit 300,000 tons at the start of the new­mar­ket­ing sea­son in Septem­ber.

Newspapers in English

Newspapers from China

© PressReader. All rights reserved.