Astarta agricultural holding, the largest sugar producer in Ukraine, in January-March 2019 saw a fall in sugar sales by 42% year-over-year, to 53,960 tonnes, the company has reported on the Warsaw Stock Exchange (WSE) on Wednesday.
According to the press release, the sales of wheat for the period fell 78.7%, to 10,750 tonnes, sunflower by 42%, to 11,830 tonnes, and milk by 7%, to 26,020 tonnes.
At the same time, sales of corn increased 3.3-fold, to 304,210 tonnes, barley – from 9 tonnes to 2,410 tonnes, soybean oil – by 13%, to 14,220 tonnes, and soybean meal – by 11%, to 46,870 tonnes.
The company said that at the same time, the average sugar prices for this period decreased 15%, sunflower 10%, soybean oil 16%, while wheat grew by 20%, corn by 23%, barley by 1.8 times, soybean meal by 1%, and milk by 15%.
Astarta is a vertically integrated agricultural holding operating in five regions of Ukraine.