Business news from Ukraine


Wholesale prices for sugar in the 2019/2020 marketing year (MY, September-August) will increase by 18%, to UAH 13,000 per tonne due to a decrease in production, the press service of the Ukrtsukor National Association of Sugar Manufacturers has said. According to the association, sugar production in the 2019/2020 MY will amount to 1.1-1.2 million tonnes.
“The decrease is primarily due to the reduction in the area under sugar beets and adverse weather conditions. The lack of moisture in the soil affected the development of sugar beets and as of August 1 sugar beets are massively losing the weight of the tops, which, in turn, will lead to low sugar content,” еhe press service said citing deputy chairman of the board of Ukrtsukor Ruslan Yanenko.
In addition, agronomists note common root diseases.
“According to our estimates, 32 sugar enterprises will work this season,” Yanenko said.
As reported, sugar production in the 2018/2019 MY decreased by 15%, to 1.82 million tonnes. In the season, 42 sugar factories worked.



Wholesale buyers in Ukraine currently have faced difficulties with buying the required volumes of tomatoes, and some of them claim shortage of these products on the market, the Ukrainian Horticultural Association has said on its website. According to the report, a lack of tomatoes on the market is linked to several factors. “The main reason is the so-called off-season period at Ukrainian plants, because most of them have already completed the sale of tomatoes from the previous season, while other farms are cleaning greenhouses and offer only residual lots for sale,” the association said.
The Ukrainian Horticultural Association said that this situation provokes a rapid increase in prices for tomatoes. In particular, now manufacturers offer residual lots at UAH 35-38 per kg, prices for off-condition products start from UAH 24 per kg.
“Thus, only in a week, the price of tomatoes in Ukraine went up by an average of 18%. Therefore, prices for Ukrainian tomatoes are already 40% higher than in the second half of November 2017. However, market players hope that this week the situation in this segment somewhat stabilizes, as they expect an increase in imports from Turkey,” the association said.
At the end of October of this year, the Ukrainian Horticultural Association said that the export of tomatoes from Ukraine actually stopped due to the fact that exporters are not able to find the required volumes of products for shipment abroad.

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