April 24, 2026
By ChiniMandi
The Philippine Sugar Millers Association (PSMA) has assured that the country’s sugar supply is more than sufficient to meet both consumer and industrial demand, even as the ongoing conflict in the Middle East raises concerns over potential increases in farm input costs, GMA News reported.
In a statement, the PSMA said the industry maintains a strong inventory position, which it said ensures continuity and resilience across the domestic sugar value chain. The group cited the latest supply and demand data from the Sugar Regulatory Administration (SRA) as of April 5, 2026, as evidence of a solid build-up in physical stocks.
According to the PSMA, raw sugar inventories have reached 677,624 metric tonnes, representing a rise of 9.59 per cent, while refined sugar stocks stood at 529,573 metric tonnes. The group said these levels provide a critical buffer that reinforces supply security and helps mitigate potential market volatility.
PSMA Executive Director Jesus Barrera said the SRA data confirms that industry inventories are robust and well-positioned. “We are operating from a position of strength, with sufficient supply to cover foreseeable demand. Our priority is to sustain this balance and ensure a stable, predictable market environment that supports both producers and end-users,” he said.