The Department of Agriculture (DA) has stood firm on its decision not to import sugar for the current milling season in a bid to stabilize sugar prices that have been weighed down by market uncertainty. In a statement on Wednesday, Oct. 15, the DA reiterated the government policy earlier issued by...
The Philippines is implementing a temporary ban on molasses importation to protect the local industry from a surge in imports and the sharp decline in millsite prices, according to the Sugar Regulatory Administration (SRA). Under Molasses Order (MO) No. 1, the SRA said it is suspending imports of...
The country’s sugar production is projected to fall by eight percent in the current crop year, as the government adopts a more conservative estimate due to threats from pests and weather conditions that could damage sugarcane. The Sugar Regulatory Administration (SRA) expects raw sugar output in...
The Philippines has once again secured a quota of 145,235 metric tons raw value (MTRV) of raw cane sugar at a lower tariff rate for the upcoming fiscal year (FY), according to the Office of the United States Trade Representative (USTR). In a statement over the weekend, the USTR announced that the...
The Sugar Regulatory Administration (SRA) will once again classify all raw sugar production in the upcoming crop year for domestic use as output still lags behind overall demand. SRA Administrator Pablo Luis Azcona announced during the 71st Philsutech Convention in Cebu that sugar output in crop...
The country’s sugar production in the current crop year has surpassed two million metric tons (MT), overcoming previous projections as the industry continues to recover from the impact of the El Niño phenomenon last year. As of June 8, sugar output had already reached 2.015 million MT, with...
The Sugar Regulatory Administration (SRA) is calling on importers of sugar alternatives to register as international sugar traders, as part of the agency’s efforts to crack down on smuggled sugar products that deprive the government of tariff collections. Under Memorandum Circular No. 6, the SRA...
The Sugar Regulatory Administration (SRA) is seeking emergency powers to contain the spread of red-striped soft scale insects (RSSI) on Negros Island, raising concerns over their potential impact on sugar production and overall supply. SRA Deputy Administrator Ignacio Santillana stated that the...
Sugar Regulatory Administration (SRA) Administrator Pablo Luis Azcona has submitted his courtesy resignation, following the administration’s move to revamp the leaderships of government-owned and/or -controlled corporations (GOCCs). “I think we already received the memo and we ’ re loyal to...
The Sugar Regulatory Administration (SRA) said it is closely monitoring the infestation of red-striped soft scale insects (RSSI) across sugar farms in Negros Occidental, warning that it can reduce sugar content by nearly 50 percent. In a statement, the SRA said it has swiftly established a special...
The country’s sugar production in the current crop year is expected to reach 1.84 million metric tons (MT), three percent higher than the government’s initial forecast of 1.78 million MT, as the industry steadily recovers from the El Niño phenomenon last year. Data from the Sugar Regulatory...
The Philippines’ sugar production is projected to remain flat next year, even as farmers face declining mill site prices due to the commodity’s stable supply, according to the United States Department of Agriculture (USDA). Based on its Sugar Annual report for the Philippines, USDA’s Foreign...
