Trademagazin > News and articles > Market News > Fischer Béla: a new sugar factory is illusion but the capabilities of Kaposvár can be improved
Fischer Béla: a new sugar factory is illusion but the capabilities of Kaposvár can be improved
It is an illusion that Hungary could have avoided the drastic rise in sugar prices in the spring if the twelve existing sugar factories at the time of the system change would still operate – told Fischer Béla, president of the Sugar Product Council to agromonitor.hu.
The domestic sugar market has become more open and speculations also play an important role. The annual Hungarian sugar exports reached 200 thousand tons, while the Austrian Agrana owned one remaining Kaposvár-based sugar factory’s EU sugar production quota is only 105 thousand tons – reports agromonitor.hu.
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