Transcaucasia and Central Asia are attractive for sugar exports from the South of Russia

If sugar exports are opened for the south of Russia, the markets of the South Caucasus and Central Asia will be the most attractive. Dmitry Rylko, Director General of the Institute for Agricultural Market Studies, told RBC TV Yug about this in an interview. “If exports are opened for the south of Russia, the markets of the South Caucasus and, to a certain extent, Central Asia will be relevant,” Rylko said. At the same time, he noted that in order to increase the competitiveness of sugar from the south, it is necessary to lower the domestic price from 56 rubles per kg to 53-54 rubles per kg. “In order to be competitive in our markets, we, unfortunately, will have to lower the domestic price. Now in the south of Russia it is around 56 rubles per kg, and we will have to lower it to 53-54 rubles depending on the exchange rate. We are very concerned about the external price, it is very low,” the expert concluded. Currently, there is a temporary ban on the export of cane or beet sugar ...