shortage of sugar in Ukraine in the second half of the 2009/10 marketing year (begins September 1 - ed.) may reach a minimum of 300 thousand tons, said the Ministry of Economy of Ukraine.
The explanatory note to the draft amendments to the order of allocation of tariff quotas for imports into Ukraine of raw sugar from cane, the Economy Ministry estimates the available balances of sugar on the domestic market on September 1 in 0.6 million tons, nearly 1.6 times less than for the same date in 2008.
estimates of Agrarian Policy, in the current 2009/10 MY Ukrainian sugar production from sugar beet will be 1.5 million tons, with domestic demand of about 2 million tons, - the document says.
Economy Ministry said that due to lack of working capital for the implementation of advance payments for energy production of sugar in the current season may be even less than 1.5 million tons.
Ministry indicates that the situation is further complicated by the scarcity of sugar in world markets, typical for this season, and therefore the price for it since the beginning of the year has grown twice as much (up to $ 496 per ton in New York and $ 558 per tonne in London ) and, according to analysts, has not yet peaked.
In this regard, the Economy Ministry proposes to make amendments to the order of allocation of tariff quotas for imports into Ukraine of raw sugar from cane, which would allow to begin the distribution of tariff quotas and licenses.
According to them, 80% quota will get the countries supplying these products to the domestic market in 2001, 2003 and 2004, and 20% - a new supplier countries.
As reported, Ukraine pledged to the World Trade Organization to introduce a quota on an annual preferential import of 260 thousand tons of cane sugar.
Today is quite a positive factor for Russia's market was the long-awaited rebound of oil
Quotes of the most liquid securities showed today OPPOSITE movement
MICEX index compared with the value at closing of the previous trading day increased by 3.596% to 1207.01 points
High growth potential have the shares of companies engineering, as well as the consumer sector
Today shares look better than the rest Sberbank and VTB, in which JP Morgan and UBS raised their recommendations
Antimonopoly law was imprecise wording
The court suspended the sale of the Odessa port plant on the suit Dniproazot
A pair of dollar /euro this week, will be traded within 1,4700-1,4900, Ruble is enough volatility
The largest growth was led by Polyus Gold and Norilsk Nickel, which went up by 2,23% and 4,62% respectively
Ministry of Economy allows for 300 tons of sugar shortages in Ukraine in March-August 2010
shortage of sugar in Ukraine in the second half of the 2009/10 marketing year (begins September 1 - ed.) may reach a minimum of 300 thousand tons, said the Ministry of Economy of Ukraine.
The explanatory note to the draft amendments to the order of allocation of tariff quotas for imports into Ukraine of raw sugar from cane, the Economy Ministry estimates the available balances of sugar on the domestic market on September 1 in 0.6 million tons, nearly 1.6 times less than for the same date in 2008.
estimates of Agrarian Policy, in the current 2009/10 MY Ukrainian sugar production from sugar beet will be 1.5 million tons, with domestic demand of about 2 million tons, - the document says.
Economy Ministry said that due to lack of working capital for the implementation of advance payments for energy production of sugar in the current season may be even less than 1.5 million tons.
Ministry indicates that the situation is further complicated by the scarcity of sugar in world markets, typical for this season, and therefore the price for it since the beginning of the year has grown twice as much (up to $ 496 per ton in New York and $ 558 per tonne in London ) and, according to analysts, has not yet peaked.
In this regard, the Economy Ministry proposes to make amendments to the order of allocation of tariff quotas for imports into Ukraine of raw sugar from cane, which would allow to begin the distribution of tariff quotas and licenses.
According to them, 80% quota will get the countries supplying these products to the domestic market in 2001, 2003 and 2004, and 20% - a new supplier countries.
As reported, Ukraine pledged to the World Trade Organization to introduce a quota on an annual preferential import of 260 thousand tons of cane sugar.
Today is quite a positive factor for Russia's market was the long-awaited rebound of oil
Quotes of the most liquid securities showed today OPPOSITE movement
MICEX index compared with the value at closing of the previous trading day increased by 3.596% to 1207.01 points
High growth potential have the shares of companies engineering, as well as the consumer sector
Today shares look better than the rest Sberbank and VTB, in which JP Morgan and UBS raised their recommendations
Antimonopoly law was imprecise wording
The court suspended the sale of the Odessa port plant on the suit Dniproazot
A pair of dollar /euro this week, will be traded within 1,4700-1,4900, Ruble is enough volatility
The largest growth was led by Polyus Gold and Norilsk Nickel, which went up by 2,23% and 4,62% respectively