Sugar went up again
As of October 28, 7.7 million tons of sugar beets with a yield of 47.1 tons / ha were harvested from 73% of the area or 164.6 thousand hectares in Ukraine. The sugar content is 16.4%, which is 0.3% lower than last year's 16.7%. Ukraine , ukraingate, 4 november, 2021, ukraine news Experts of the "Scientific and Practical Center for Sugar Beet" report on the positive dynamics of increasing sugar content in root crops. Compared with the previous analysis, the sugar gap decreased from 0.7% to 0.3%. The rate of sugar beet processing is also better than last year. As of October 21, 31 sugar factories started operating, which produced more than 560 thousand tons of sugar, which is twice as much as corresponding to last year's figure of 280 thousand tons. Probably, in 2021, companies plan to process the maximum amount of sugar beets during the warm period of the year to reduce costs for gas and other fuels. According to NASU "Ukrtsukor", in 2021/22 MY domestic sugar factories as of November 2 from 5.42 million tons of sugar beets produced 740 thousand tons of sugar. Active processing and low rates of exports increase the supply of sugar in the domestic market, which has not yet affected prices. If the average price of sugar for the consumer in September 2020 was 14.94 UAH / kg, in September In 2021, it rose to UAH 28.69 / kg, - said the head of the State Statistics Service I. Werner at a working meeting of the Verkhovna Rada Committee on Economic Development, which was devoted to the situation on the sugar market. It was noted that Ukraine has increased imports of sugar, including cane sugar, and the main suppliers are Brazil, Poland, Germany and Lithuania. According to the Ministry of Economy, due to unfavorable weather conditions in 2020/21 MY Ukraine reduced sugar production by 25% compared to the previous season to 1.1 million tons. In 2021, there are 29 sugar factories in Ukraine, and sugar production is projected at 1.3 million tons Source : ukrgate See more : In Ukraine, a significant rise in sugar prices is expected