Südzucker’s Chief Executive, Niels Pørksen, noted that drought and insufficient rainfall are having a negative impact on the sugar beet harvest in Europe. As a result, a reduction in production volumes will be one of the reasons for the rise in sugar prices, according to UkrTsukor.
Furthermore, in a number of sugar-producing countries around the world, some of the raw material will be diverted to ethanol production rather than being processed into white sugar, which will further restrict its supply on the market.
This story was translated with the assistance of artificial intelligence.The translation was also reviewed by the Logos Press editorial team.
Follow our updates
Have information for the newsroom? Share it with Logos-Press
Comments
0No comments yet. You can start the conversation.
Comments are open to readers with a Logos Press account.
Sign in to comment