Latest supply and demand situation of the philippine sugar industry
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October 5, 2015Sugaronline | http://goo.gl/fvFxHX
Kenya has written off KES39.7 billion (US$381 million) owed by state-owned sugar companies, aiming to ease their planned privatisations, President Uhuru Kenyatta said on Friday, according to Reuters.
The government in May approved the sale of the government's holdings in five sugar companies and said it expected to…
October 5, 2015Sugaronline | http://goo.gl/DbI2jR
Sugar smugglers abandoned a dozen container vans of refined white sugar illegally imported from Thailand - camouflaged as kitchenware - that arrived at the Manila International Container Port (MICP), according to the Philippines' InterAksyon newspaper.
Officials said the two consignees apparently had cold feet about…
October 5, 2015Sugaronline | http://goo.gl/I2T0qC
The Sugar Regulatory Administration is initially expecting the El Niño phenomenon to cause a drop in the country's sugar production for crop year 2016/17, SRA chief Ma. Regina Martin said, according to the Philippines' Visayan Daily Star newspaper.
"We produced 2.316 million metric tonnes last crop year. We are…
October 2, 2015Manila Bulletin Online | http://goo.gl/k5nVcV
The Bureau of Customs (BOC) has tapped industry experts to intensify its efforts to curb sugar smuggling in the country, particularly representatives from the Sugar Regulatory Administration (SRA) and Sugar Anti-Smuggling Office of the Sugar Alliance of the Philippines (SASO).
In a statement, Customs…
October 1, 2015Business Recorder Research | http://goo.gl/xOdFXH
Export numbers for August reveal that our sugar exports have dropped to zero - according to PBS data, not a single ton of sugar was exported during the month. The reason is simple; the permission given to mills to export the surplus (along with the subsidy being given) expired in July, effectively resulting…