Sugar export from Ukraine gains momentum

6 September 2016

In August of current year sugar export from Ukraine made 34kmt vs. 28kmt in previous month and average monthly export figure of 15kmt in 1H 2016. Taking into account the fact that since June world sugar price exceeds Ukrainian domestic price, it is expected that export from Ukraine will further grow with the start of new season. According to Astarta estimations sugar export from Ukraine in MY 2016/17 can reach 500k tons, the highest volume for the last 19 years.

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