Tridge summary
The Ministry of Agriculture of Kazakhstan is proposing a ban on sugar exports by the end of summer to meet domestic demand. The ban would apply to both cane or beet sugar and chemically pure sucrose, and would extend to exports to EAEU countries. Currently, only 13% of the domestic market is supplied with sugar, with the rest being imported mainly from Russia and Belarus. Russia has recently placed a temporary ban on sugar exports, but the restrictions will not affect EAEU countries, and Russia has increased the quota for sugar supply to Kazakhstan.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
The Ministry of Agriculture of Kazakhstan proposes to impose a ban on sugar exports by the end of summer. The measure is aimed at meeting domestic demand, Orda.kz reports. “To introduce a ban on the export of cane or beet sugar and chemically pure sucrose by August 31, 2024,” the document says. Exports will be banned even to the EAEU countries. As stated in the explanation to the order, the domestic market is only 13% supplied with sugar. The demand is covered by imports, mainly from Russia (57%) and Belarus (1.5%). Russia has also recently introduced a temporary ban on sugar ...
Source: UkrAgroConsult
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