The price for sugar made of beets (2012 crops) will increase in Ligabiznes informs. The Cabinet of Ministers approved the relevant decision on April 11, the text of Resolution №290 is posted on the government website. In accordance with the governmental decision, the minimum price for 1 ton of sugar grown this year increased by 15,8% to 4925,14 hryvnia (excluding VAT), the last year’s minimum price was 4,250 hryvnia per 1 ton. The price for beet has also increased, though, insignificantly: from 339,24 hryvnia for 1 ton to 339,85 hryvnia for 1 ton.
According to the current legislation, the minimum price for sugar and sugar beet of ‘A’ quota is set annually before January 1 taking into consideration the monthly inflation rates.
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