Sugar producers launch ‘fixed price’ app

In the written statement made by the Association of Beet Sugar Producers (PANŞEK), there are 33 sugar factories, of which 15 are public, 12 are private and 6 are cooperative, in these factories 2.6 million tons of beet in 2022 Production period 2023. It was indicated that sugar production will be carried out and this production is at a level to meet the country’s needs.

The statement noted:

“Due to fluctuations in world sugar prices over the past year, there have been adverse events that have disrupted our stock planning and affected supply stability. However, thanks to the sugar production figures that we obtained in this campaign and the coordination mechanism established in the sector by our Ministry of Agriculture and Forestry to ensure the stability of the supply, there is no possibility of any risk in the face of possible fluctuations in the world. sugar markets.

Within the framework of these developments, as sugar producers, we will start a fixed price application on sugar factory prices before September 1, based on current prices, which the fixed price application will also reflect positively on the retail prices. that have been stable for a long time, and we will continue to support the food security of our country and our economy. We respectfully present what we will do for the knowledge of the public and our industry stakeholders.” (AA)