The United States Department of Agriculture (USDA) said that El Niño did not have a significant impact on the sugarcane harvest in the country. In a recent report, the USDA-Foreign Agricultural Service (FAS) revised its forecast for raw sugar production, increasing it by 50,000 metric tons...
Following consultations with the Department of Agriculture (DA), the Philippine International Trading Corporation (PITC), and other stakeholders, the Sugar Regulatory Administration (SRA) expects the lowering of the price of refined sugar. SRA Administrator Pablo Azcona told reporters on Monday,...
Cartel behavior is to blame for the unabated high prices of sugar in the market, Senator Risa Hontiveros said. The senator lamented that the price of sugar should have dropped in the market following Malacañang's directive to allow the importation of 440,000 metric tons (MT) of sugar but this...
Malacañang said there is no stopping the Marcos administration from going after big businessmen who are allegedly behind the widespread sugar hoarding as the Bureau of Customs (BOC) visited warehouses in Mindanao this week. File photo In a statement, Press Secretary Trixie Cruz-Angeles said that...
BACOLOD CITY (PNA) – Negros Occidental Gov. Eugenio Jose Lacson said Wednesday, August 17, that he does not believe there is a sugar crisis in the country amid reports of an impending shortage in supply and soaring retail prices. GOV. Lacson (center). (FB photo) “No, I don’t think there is....
After President Ferdinand “Bongbong” Marcos Jr. reportedly shut down a proposal to import 300,000 metric tons (MT) of sugar, House Ways and Means Committee Chairman Rep. Joey Salceda offered some solutions to the country’s domestic sugar supply issue. Read:...
The country's sugar supply may run out by August should the government prohibit the importation of sugar, the Sugar Regulatory Administration (SRA) said. Sugar (MB File Photo) It noted that only one of the 13 refineries is operational as most of them stopped their operations in May. "If we rely on...
