Off the wire
• Biden reaffirms U.S. commitment to Baltic security, talks closer cooperation  • EU justice ministers vow to tackle growing radicalisation in Europe  • Ghana police urged to use social media during polls for info gathering  • WHO pushes for tax raise to reduce tobacco consumption in Africa  • Spanish stock market rises 1.33 pct on Tuesday  • Migrant issue even more important after Britain leaves EU: Italian interior minister  • British FTSE 100 up 0.59 pct on Tuesday  • UN chief calls for inclusive political dialogue in DRC for electoral process  • Feature: Under-employment haunts Cote d'Ivoire degree holders  • Ghana's labor commission sues striking lab technicians  
You are here: 　 Home

Ukraine expects record high sugar exports this year

Xinhua, August 24, 2016 Adjust font size:

Ukraine's beet sugar exports are expected to hit a new record high of 250,000 tons this year, the country's sugar producers' union Ukrtsukor said in a statement on Tuesday.

According to the statement, the exports will rise due to a good beet harvest of 13 million tons, high carry-over stocks and a projected strong demand on the Ukrainian sweetener on the global market.

Ukraine's refiners are expected to produce about 2 million tons of sugar in the 2016-2017 marketing year, while the country's carry-over stocks are estimated to stand at 300,000 tons at the start of the new marketing season in September.

In 2016, Georgia, Israel, Azerbaijan and China's Hong Kong will be the main exports destinations for the sweetener from Ukraine.

Last year, Ukraine's shipments of sugar overseas rose 94.8 percent year-on-year to 114,818 tons, while the exports in January through July of 2016 have reached 88,800 tons. Endit