The Bureau of Customs (BOC) on January 14 said it foiled an attempt to smuggle sugar at the Manila International Container Port (MICP) and in the vicinity of the Bauan and Mabini breakwater, according to local press reports.
Philippines – SRA to distribute farm machinery to canegrowers – gratis [Full subscriber]
The Sugar Regulatory Administration (SRA) will distribute farm equipment to canegrowers to boost productivity and production.
Philippines – Shortage of refined sugar forces Coca-Cola to temporarily shut down 4 plants [Full subscriber]
Coca-Cola Beverages Philippines Inc. confirmed on August 30th that it had suspended operations in four of its plants amid the problems in refined sugar supply.
Philippines to import 150,000 tonnes refined sugar destined for industrial users [Full subscriber]
President Marcos’s office confirmed a proposal to import 150,000 tonnes of sugar to address the supply problem, according to local press reports.
Philippines – President Marcos halts imports of 300,000 tonnes sugar and threatens to fire officials [Full subscriber]
Philippine President Ferdinand Marcos Jr has rejected a proposal to import an additional 300,000 tonnes of sugar, his press secretary said on Aug 9, despite an earlier announcement of approval by the industry regulator.
Philippines – Sugar tax generates US$2 million daily [Full subscriber]
The government raises at least US$2 million (PHP105 million) every day from taxes on sugar-sweetened beverages (SSBs), according to Finance Secretary Carlos Dominguez.
Philippines – Imports of 200,000 t of refined sugar halted [Registered]
The planned import of 200,000 tonnes of refined sugar to address a supply shortfall caused by crop damage from a powerful typhoon that hit plantations in December ’21 has been halted. The sugar producers on February 15 succeeded in winning a temporary restraining order (TRO) against the Sugar Regulatory Administration (SRA), who had actioned the import, according to local press reports.
Philippines – High fertilizer prices drive cane production costs [Full subscriber]
Sugarcane producers are struggling due to the rising costs of fertilizers and petroleum, according to the former Sugar Regulatory Authority (SRA) board member Dino Yulo.
Philippines – Forecast 2021/22 sugar output of 2.1 million tonnes bolstered with imports of 100,000 tonnes, says USDA [Full subscriber]
Raw sugar production for 2021/2022 (September-August) is estimated at 2.1 million tonnes, 2% lower than the previous year, according to the latest United States Department of Agriculture’s (USDA) attaché report.
Philippines – No sugar exports to USA in 2021/22 [Full subscriber]
The Philippines will not export sugar this crop year amid expected lower output, according to the Sugar Regulatory Administration (SRA).
Monthly Snapshot
Raw sugar for March delivery settled at 19.82 cents/pound on January 18 after reaching a two-and-a-half-week high earlier in the session at 20.25 cents. The white sugar contract expiring in […]
Read more …Join us on LinkedIn
