October sugar exports increased by 5 times
In October of the current marketing year, Ukrainian producers exported 58,3 thousand tonnes of sugar or 5 times more than in the previous month.
«The main deliveries were made to Uzbekistan — 60% and Azerbaijan — 22%. Also, insignificant deliveries were made to Tajikistan (5%), Armenia and Moldova (by 3%)», — commented Ruslana Butylo, the head of the analytical department of «Ukrsugar» Association.
In total, 69,4 thousand tonnes of sugar were exported during the first two months of 2018/2019 MY.
According to data of «Ukrsugar» Association, sugar exports in the current marketing year will be about 500-600 thousand tonnes, Uzbekistan, Turkey and Azerbaijan will remain the main importers of Ukrainian sugar.
As of November 14, 1,2 million tonnes of sugar were produced and 9,2 million tonnes of sugar beet were processed. Nine sugar refineries have already completed sugar production.
The price situation in the market will be discussed in detail on December 12 at the conference «Confectionery & Bakery 2018», which will be held within the framework of the 2-nd international exhibition Ukrainian Food Expo in the International Exhibition Center. During the event organized by the Ukrainian Food Export Board (UFEB), confectionery market experts from Ukraine and the world will share their own experience and practical business development tips.