Ukrainian sugar news, Nov 02, 2021

Latest news are available in our daily reports.

UKRAINE

The Antimonopoly Committee may add another sugar manufacturer as a defendant in an anticompetitive concerted action in the sugar market. The regulator launched Investigation against the group of companies "Astarta" and LLC "Radekhovskiy sugar" on April 5. 2021.

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According to Ukrstat, the average consumer price of sugar in Ukraine as of September 2021 is 1.92 times more expensive than in the same period last year (UAH 14.94 (RUB 40.40) per kilogram).

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As of November 1, 2021 the country has produced 722.7 thousand tons of sugar and processed 5.30 million tons of sugar beet, the press service of NASU "Ukrtsukor" reports.

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Ukraine has produced 735 thousand tons of sugar in September-October 2021/22 MY, or 51% of the forecast of 1.45 million tons, reports SPC Beet Sugar Production. Sugar stock at the beginning of the period of 2021/22 MY has made 141 thousand tons compared to 255 thousand tons in the previous MY. The anticipated import of sugar (white sugar and raw sugar) this year is estimated at the level of 40 thousand tons compared to last year's figure of 163 thousand tons imported.

Sugar.Ru

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