OREANDA-NEWS. December 17, 2009. The Ministry of Agrarian Policy of Ukraine came up with a proposal for the Cabinet of Ministers to scrap the requirement for raw sugar importers to obtain a certificate of the raw sugar origin.  According to the Ministry, this requirement is the main obstacle constraining raw sugar imports.

Millennium Capital sees the new to be positive for Ukrros and neutral for Astarta. In particular, with this requirement out of the way, the terms of raw sugar imports will become easier, thus increasing sugar output in Ukraine. Meanwhile, the Ukrros need for raw cane sugar and sugar beets purchases significantly exceeds that of Astartа (50% vs. 10% of raw material, respectively).