date:Jan 17, 2014
and non - quota sugar as well as higher production costs.
Hartwig Fuchs, Chief Executive Of ficer of Nordzucker AG, does not think the market has bottomed out yet: The third quarter is showing weaker prices once again. With global sugar stockpiles high at the same time, the pressure on prices continues. This is reflected in our contracts as well , and their impact will be felt in full in the upcoming financial year, added Hartwig Fuchs.
Despite this, the CEO looks to the future with confidence