Russian sugar news, June 10, 2020

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RUSSIA

Mr. Vadim Yeryzhensky, Deputy General Director of Prodimex has told that sugar surplus in the Russian market, which led to the formation of record low prices for products and the deterioration of the financial condition of producers, can be overcome in 2021. According to CEO, the main factors that will affect the decline in production may be a reduction in crops and adverse weather conditions.

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