Ukraine started importing of raw cane sugar
Published May 6, 2021
Tridge summary
Ukraine has started receiving raw cane sugar deliveries, totaling 26.2 thousand tons, under a tariff quota of 260 thousand tons, as stated by the Ministry of Economic Development, Trade and Agriculture. The import cost is $480 per ton, and the retail price is expected to be around 22,000-23,000 UAH (Ukrainian hryvnia) per ton. So far, 170 thousand tons of raw sugar import licenses have been issued for the 2020/2021 marketing year, with total white sugar imports reaching 67 thousand tons since the start of the year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Supplies of raw cane sugar began to Ukraine. Deliveries take place within the tariff quota of 260 thousand tons. This is stated in the message of the Ministry of Economic Development, Trade and Agriculture. According to the State Customs Service, as of May 5, 2021, 26.2 thousand tons of raw sugar were imported to Ukraine, the average cost of 1 ton is $ 480. "Estimated, the cost of selling sugar made from raw sugar, taking into account the cost of processing, logistics costs and after payment of mandatory payments will be about 22000-23000 UAH / ton," - said in the message. To date, within the framework of the tariff quota established by the law "On the establishment of a tariff quota for the import of raw cane sugar into ...
Source: AgroPortal.ua
Would you like more in-depth insights?
Gain access to detailed market analysis tailored to your business needs.
What to read next
Read more relevant content
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.