Ukrainian beet sugar producers may enter China's market
Chinese companies showed their interest in a possibility of importing Ukrainian beet sugar at the ANUFOOD China 2016 exhibition, the Ukrtsukor national association of sugar producers has reported.
"Today we have applications with specifications to supply sugar. We are drawing up the lists of potential clients," Analyst of commodity markets and agriculture of the association Vasyl Dolynsky said.
He said that now there are some restrictions for entering the Chinese market. Ukrainian sugar is to be licensed, while the licensing is a complicated red tape procedure. Ukrainian producers would have to work hard to supply their products directly to China and not via Hong Kong as everyone is doing now.
Ukrtsukor said that sugar prices in Chinese supermarkets are attractive – starting from UAH 38 per kilogramme.