Business news from Ukraine


6 September , 2021  

As of September 3, sugar production in Ukraine amounted to 4,920 tonnes, a total of 49,600 tonnes of sugar beet were processed.
According to a report on the website of the National Association of Sugar Producers Ukrtsukor, on the indicated date two sugar factories were opened – Selysche sugar refinery (Selysche, Cherkasy region, part of the agricultural holding Panda) and Haisyn sugar refinery (Vinnytsia region, Ukrprominvest-Agro).
As of September 6, the website of the Ministry of Agrarian Policy and Food does not have data on harvest of sugar beets by Ukrainian farmers.
As reported, the current season of sugar beet processing started in the country on August 21.
The Ministry of Economy expects sugar production in Ukraine in the 2021/2022 marketing year (MY, September-August) at 1.4 million tonnes, which is 30% more than in the last MY. The total supply of this product in the current season will amount to 1.74 million tonnes due to the growth of its production in the current MY and its significant residues (0.42 million tonnes) transferred from the last MY, which will be sufficient to meet the domestic demand, which is approximately 1.25 million tonnes.