Shutdown of 3 plants in Kazakhstan leads to rise of price for sugar

AKIPRESS.COM - Production of sugar in Kazakhstan within 5 months of 2019 decreased by 45.5% making 91.1 thousand tons a year, Sputnik Kazakhstan reported. A sharp fall in production is due to a shutdown of a Central Asian Sugar Corporation LLP. In several months, activities of Shu, Taraz and Merken sugar plants terminated their activities.
In this regard, import of sugar downs in Kazakhstan. Export fell for more than 15 times.
A retail price for sugar grew by 7.7% withi a year making 240.3 tenge per kg ($0.63).