Business news from Ukraine

Business news from Ukraine

UKRAINE OPENS NEW SUGAR PRODUCTION SEASON

5 September , 2019  

Ukraine officially opened a new sugar production season on September 1 with the production of sugar beet at Radekhivsky Tsukor LLC, the National Association of Sugar Producers Ukrtsukor has said. According to its website, this year the most part of sugar plants of Ukraine postponed a start of new season of beet refining for later terms.
“The reason is unfavorable weather conditions, because in most regions of Ukraine, soil crust has formed due to hot and dry weather, which complicates the technological process of harvesting. In other parts of the country, due to heavy rains, the sugar content of root crops decreased, so the farmers stopped field works, expecting higher quality indicators of the crops. These very factors influence the reduction of sugar beet digging,” the association quotes its deputy board chairman Ruslan Yanenko as saying.
Besides, Ukrtsukor expects better situation on the fields, and the most number of plants will start operating in the end of September. In total, 32 sugar plants will work in new season.
As reported, the production of sugar in the 2018/2019 marketing year decreased by 15%, to 1.82 million tonnes. Some 42 sugar refineries operated during that season.
According to estimates of Ukrtsukor, the number of operating sugar plants in 2019/2020 will drop from 42 to 32, when sugar production is predicted on the level of 1.1-1.2 million tonnes.

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