|
Ministry of Agrarian Policy estimates Apr 1 sugar reserves 600,000 MT
04.04.2007 16:23 "Agro Perspectiva" (Kyiv) —
Ministry of Agrarian Policy has estimated Ukrainian Apr 1 sugar reserves 600,000 MT, reported Yuriy Luzan, Deputy Minister of Agrarian Policy.
«As of now, country sugar stocks total about 600,000 MT, what means domestic market offer is excessive,» declared Luzan.
«I think sugar reserves will total 450,000500,000 MT until Sept 1; that is very much,» admitted Deputy Minister.
He said Ministry of Agrarian Policy had proposed to Cabinet to purchase up to 180,000 MT sugar for Agrarian Fund in order to reduce domestic market offer.
As to Agro Perspective earlier report, Cabinet had fixed 2007/08 MY domestic market sugar supply quota as much as 2.04 mn MT.
As to Agro Perspective, 2006 sugar output had boosted to 2.61 mn MT, up 19% against 2005.
Also available:
|
| |
|
|