Suedzucker to Cut Output, Close Plants After Sugar Price Slump
date:Jan 31, 2019
of guaranteed minimum prices and protected production quotas. This gave producers more freedom to expand and export, but a worst-case scenario emerged, with European producers exposed to collapsing world prices.

With this restructuring plan the executive board of Suedzucker AG aims to reduce the impact of the strong price variation in global and EU sugar markets on the sugar segment and therefore to secure and strengthen the sustained economic corporate success, Suedzucker said on Tuesday.

The
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