Astarta spurs hopes for Ukraine sugar output jump


Ukraine looked on track for its first sugar surplus in five years, after top producer Astarta, terming its early beet harvest of the "highest level", said it was on track to lift by 75% output of the sweetener. Astarta said that the average beet weights, from a harvest which began late last month, were coming…

Astarta’s sugar gamble appears to have paid off


Ukraine’s largest sugar producer, Astarta, appears to have made a right call on sugar prices by holding off on sales in the spring, in the expectation of higher summer values. Astarta revealed that its sugar revenues rose 4%, year on year, to E78m in the first half of 2011 – lagging a 13% rise in…

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