Sugar prices in Ukraine increased by an average of UAH 1-1.5 per kilogram during the week

Currently, the Ukrainian sugar market is witnessing an increase in prices, the pace of which may accelerate in early 2025. This forecast was announced by the analysts of the PUSK agricultural cooperative, created within the framework of the All-Ukrainian Agrarian Council, the press service of the VAR reports. It is noted that the price of sugar in Ukraine increased by an average of UAH 1-1.5/kg during the week. Currently, the price of sugar varies between UAH 23-24.50/kg. The main reasons for this rise are the stabilization of domestic demand and the beginning of the recovery of exports. Analysts also noted that domestic sugar producers are gradually returning to foreign markets. Turkey and African countries remain the main destinations. Read also: In 2023/24 FY, Ukraine exported 689,000 tons of sugar "According to expectations, the situation should have been worse without exports to Europe. But currently the export scheme through third countries is working, and it is producing ...