Polish sugar producers have already submitted their price offers

Published 2024년 10월 8일

Tridge summary

Sugar beet harvesting has been underway in Poland for 1.5 months, with factories processing the beets and companies like KGS, Nordzucker, Südzucker Polska SA, Pfeifer&Langen Glinojeck and Pfeifer&Langen (Wielkopolska) offering contracts for the 2025/26 campaign. The offered prices have decreased significantly from the previous campaign, with KGS offering the highest at €33.5/t of sugar beets at 16°. KGS' price includes a base price and a guaranteed profit, allowing growers' remuneration to increase if sugar prices rise. KGS, the largest state-owned entity in the Polish agri-food sector, operates in various segments and contributes to about 40% of Poland's sugar production.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In Poland, sugar beet growers have been harvesting sugar beets for a month and a half now. While the factories are grinding the sugar beets, price offers for contracts for the 2025/26 campaign are also being prepared. The industries are offering prices between €28 and €33.5/t of sugar beets at 16°, which is much lower than the price paid in the 2024/25 campaign, which reached prices between €40 and €45/t. The companies established in Poland are KGS, Nordzucker, Südzucker Polska SA, Pfeifer&Langen Glinojeck and Pfeifer&Langen (Wielkopolska). KGS has offered the highest price with €33.5/t of sugar beets at 16°. It consists of a base price of €26.29/t and a guaranteed profit of €7.21/t (advance payment for an additional profit linked to the sugar price). This model has been in place for several years and allows the sugar beet grower's remuneration to be linked to the development of the sugar price. If the market situation improves and sugar prices rise, KGS will be able to increase ...

Source: Agrodigital