Ukraine's sugar exports fall 46% in July

Ukraine's Interfax news agency on August 9th, the national sugar-making association "Ukrainian sugar" released, in July, Ukraine's sugar exports of 367,000 tons, down 46% month-on-month.
" July, the main exporters were Uzbekistan, accounting for 89 per cent, while the share was small, with Moldova - 4 per cent, Azerbaijan - 3 per cent and Tajikistan - 2 per cent.
"Despite the adverse international markets, domestic manufacturers exported 538,000 tons of sugar in the first 11 months of the current sales year (September 2017-August 2018).
26 per cent lower than last year's target, the world's sugar glut is about 7-9 million tonnes, given that the international market has almost halved.
even under such conditions, producers fulfil all international commitments and eliminate surplus sugar from the domestic market".
2.14 million tonnes of sugar were produced in 2017/2018, an increase of 6.5%.
beet cultivation this year was 280,000 hectares, down 13% from last year.
2016/2017, sugar exports quadrupled to 769,300 tonnes.
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