In Q4 2017 Astarta reduced sales of sugar by 27%

In Q4 2017, agri-industrial holding Astarta-Kyiv reduced the sales of sugar by 27.48% or by 42.03 thousand tons.

The company informs that sales volume of sugar decreased from 152.95 thousand tons in Q4 2016 to 110.92 thousand tons in Q4 2017.

The average realized price for sugar reduced 9% to UAH 11.19 thousand per ton.

Reference: Astarta-Kyiv increased the share of first category sugar to 86% of total production (compared to 71% in the previous season). This is the result of company’s long-term investment strategy of sugar plants modernization.

Note: Ukrainian sugar market in 2017 was dominated by 10 companies.