Production of sugar to Russian Federation grew by 21,6%

Production beet sugar to Russian Federation in October, 2023 made 1,6 million tons that is 21,6% more, than in September, and 12,1% more, than in October of the 2022nd, Federal State Statistics Service is told in materials. In only 10 months 2023 production of sugar grew by 16% and reached 4,2 million tons. According to the forecast Limited liability company "Institute konyunktury agrarnogo market", in a season-2023/24 the Russian sugar plants can let out about 6,8 million tons of sugar that is 9% more, than in last season (6,2 million tons taking into account development from syrup and molasses). Export potential on sugar at IKAR estimate at the level of 700 thousand tons. Director...