|
Ukrtsukor estimates market sugar reserves 0.8 mn MT
30.05.2006 10:43 "Agro Perspectiva" (Kyiv) —
Association Ukrtsukor estimates end May
domestic market sugar reserves 0.8 mn MT, reported Myckola Yarchuk, Ukrtsukor Chairman.
Yarchuk considers current sugar reserves are quite sufficient to satisfy domestic market requirements; he forecasts sugar prices will remain stable until this year Sept.
As to Yarchuk, sugar prices won’t exceed UAH3,5004,000 per MT until 2006 crop beet processing starting.
As earlier reported, Ukrtsukor forecasted this year beet sugar output 27.3% rise, to 2.6 mn MT (up against 1.89 mn MT in 2005) due to expected 2006 beet output growth to 2021 mn MT (up against 15.5 MT in 2005).
Experts estimate domestic sugar market annual capacity 22.2 mn MT.
Also available:
|
| |
|
|