Sugar prices will increase by 18% – experts

Цены на сахар вырастут на 18% - эксперты

Wholesale prices for sugar 2019/2020 MG will grow on 18% – to 13 thousand UAH/t in connection with the reduction of sugar production. This was reported in the press service of the National Association of sugar producers of Ukraine “Ukrtsukor”.

According to estimates NASU “Ukrtsukor” sugar production in 2019/2020 MG year will amount to 1.1-1.2 million t that more than a third lower than a year earlier.

“This decrease is due primarily to reduction of sown areas under sugar beet and adverse weather conditions. Drought and lack of moisture in the soil negatively affected the development of sugar beet and as of August 1, sugar beet mass lose weight of foliage, which in turn will lead to low sugar content,” explains the Deputy Chairman of the Board NASU “Ukrtsukor” Ruslan Yanenka.

However, not only weather conditions inhibit the growth and development of sugar beet. Chief agronomists farms note common diseases such as root rot and jaundice. Moisture and cold spring has provoked the appearance of the farms cvetochnyh roots, which will lead to lower sugar content and a decrease in the mass of roots, which in turn complicates the storage and processing of beets. Such sugar beets to dig and ship to the factories in the first place.

“This season, according to our estimates, will work 32 sugar enterprise” – summed up Yanenka.

As reported in Ukraine, the prices of bread, sugar and fish.