Tridge summary
Experts predict that the volume of beet sugar production in the EAEU countries will be higher this year, reaching 7.0-7.2 million tons, which will meet the domestic market's needs. This means that there will be no need to import raw sugar and white sugar from third countries. The increase in production is attributed to favorable weather conditions and an increase in the area of sugar beet cultivation in the EAEU.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
There will be no need to import raw sugar and white sugar from third countries, experts are sure Taking into account current weather conditions and the development of sugar beets in the EAEU countries, the volume of beet sugar production is expected to be higher than last year and in the 2023/24 season is estimated at 7.0-7.2 million tons, which will fully meet the needs of the domestic market of the EAEU countries, and there will be no need to import raw sugar and white sugar from third countries, Soyuzrossakhar reported. According to information from the Eurasian Sugar Association, this year the area under sugar beets in the EAEU increased by 2.5% and amounted to 1.17 million hectares. According to the Soyuzrossakhara analytical service, over the past week, eight sugar factories in the Voronezh, Penza, Lipetsk, Tambov regions and Altai Territory began processing sugar beets from the 2023 harvest in the Russian Federation. This week, 18 plants will begin processing in the ...
Source: Specagro
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