The sugar beet yield in Moldova this year will be the best in the last 20 years. Deputy Minister of Economy Octavian Calmac has told IPN that the sugar producers fear they will be unable to sell the sugar, especially because they don’t like the prices on third markets.
The sugar producers discussed the problem with the authorities. Octavian Calmac said that Moldova negotiated with the EU an export quota of 37,400 tonnes of sugar a year. He called on the producers to use this occasion and fully use the quota for this year.
The official added that Moldova can also export sugar to the CIS market, despite the problems faced by Ukraine. He urged the producers to analyze the prices so as to choose the most suitable offers.
The deputy minister noted that now many producers are not satisfied with the offered prices, but they should think about the future as next year the sugar beet yield may be much lower.
