Business news from Ukraine

MAJOR SUGAR PRODUCER IN UKRAINE INCREASES SALES BY 44% IN Q1

16 April , 2020  

Astarta agricultural holding, major sugar producer in Ukraine, increased its sugar sales by 44% in January-March 2020 compared to the same period in 2019, to 77,560 tonnes, the company said at the Warsaw Stock Exchange on Tuesday, April 14.
According to the data, sales of wheat for the indicated period decreased by 68%, to 3,400 tonnes, corn by 17%, to 236,000 tonnes, sunflower oil by 99%, to 69 tonnes, soybean oil by 22%, to 11,140 tonnes, milk by 9%, to 23,640 tonnes.
Sales of soybean meal last year remained at the level of 2019 and were 46,860 tonnes.
According to the agricultural holding, average prices for sugar during the period decreased by 1%, wheat by 22%, corn by 6%, sunflower by 7%, soybean meal by 14%.
Average prices for milk increased by 9%, soybean oil by 1%.
Astarta is a vertically integrated agroindustrial holding operating in eight regions of Ukraine.