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The EU market finds Polish sugar is very much to its taste

"Export figures are surprising and these should be attributed to high prices on the EU market," said Łukasz Chmielewski from the FAMMU agriculture monitoring fund. Over the May-September period, the export of Polish sugar in quantitative terms increased by 32% and it was mostly directed at Belgium, Germany and Italy. The largest domestic companies have not confirmed they increased their exports, but they attribute growing sales to foreign traders who entered the Polish market. Their results improved, but the firms might face substantial problems soon due to the envisaged reform of the EU sugar market. "Current sugar prices do not guarantee profitability as they presently just cover costs. There are no profits earned which would allow the sector to restructure," said Stanisław Dziedzic, British Sugar Overseas management board member. (Rzeczpospolita, p. B3) M.M.

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