Markets

Ukraine 2017/18 sugar output rises 6.5pc to 2.14mn T

Published February 20, 2018 Updated February 20, 2018 01:42pm

Ukraine produced 2.01 million tonnes sugar from sugar beet in 2016/17.

Ukraine consumes about 1.5 million tonnes of sugar a year.

The country produced about 5 million tonnes of white beet sugar a year during Soviet times but has cut production sharply due to a lack of export markets in the face of competition from cheaper cane sugar.

Copyright Reuters, 2018