Poles rush to buy sugar, fuelling rising prices
10:39
Sugar disappears from shelves in a blink of an eye, and some retailers have introduced regulations on purchases. The price has already skyrocketed, but with higher production costs and strong demand further growth is expected.
Poland is the third producer of sugar in the European Union, with production exceeding 2 million tonnes per year, and consumption is around 1.6 million tonnes.
The producer asks PLN 6.99 for 1 kg of white sugar, and the fine white sugar costs PLN 5.39, In order to earn, a shopkeeper has to add a margin. The state-owned concern, however, will not sell more than 10 packages at once, and the delivery cost is PLN 16.97. As a result, the sugar price for the final consumer hovers around PLN 7 per kilogram, the weekly Polityka calculated.