Latest supply and demand situation of the philippine sugar industry

We work for the advancement and protection of the sugar industry.

Our membership comprises of 65% of total  Philippine sugar production.

We seek to promote the development of the sugar industry.

Local news

SRA eyes regulating sugar supply to address price decline

6 December 2024

The Sugar Regulatory Administration is eyeing the regulation of the supply of sugar, which could help address the sharp decline of millgate prices, which is being blamed by some sugar producers on unscrupulous traders.

“That is the only tool that we have,” said Sugar Regulatory Administrator Pablo Luis Azcona, in a press briefing yesterday.

Azcona reported that the lowest price last week recorded at BISCOM was P2,502 per 50kg bag, compared to the production cost of small farmers which is estimated at P2,400 per bag.

Sugar planters warn profiteers could be behind decline in millgate prices

2 December 2024

https://www.bworldonline.com/economy/2024/12/02/638522/sugar-planters-warn-profiteers-could-be-behind-decline-in-millgate-prices/

SUGAR producers said millgate prices for their cane have declined since the start of the milling season, with the United Sugar Producers Federation (UNIFED) warning of possible profiteering by traders.

Sugar Planters Urge DA, SRA Action on Prices

https://dailyguardian.com.ph/sugar-planters-urge-da-sra-action-on-prices1/

30 November 2024

BACOLOD CITY – A sugar planters’ organization has called on the Department of Agriculture (DA) and the Sugar Regulatory Administration (SRA) to address what it believes is an artificial decline in sugar prices.

The United Sugar Producers Federation (UNIFED) described the situation as “artificial pricing” in a statement provided to Daily Guardian on Friday.

Who’s gaming the sugar industry? Negros Occidental planters call for probe

https://www.rappler.com/philippines/visayas/sugar-industry-negros-occidental-planters-call-probe-price-decline/

28 November 2024

BACOLOD, Philippines – The mood was tense when members of the Save the Sugar Industry Movement (SAVE-SIM) in Negros Occidental called on Wednesday, November 27, for a congressional investigation into the steady drop in sugar prices.

Sugar Groups Defend Questions on Price Decline

https://dailyguardian.com.ph/sugar-groups-defend-questions-on-price-decline/

25 November 2024

BACOLOD CITY—There is no malice in seeking answers.

This was the assertion of the Sugar Council and the National Congress of Unions in the Sugar Industry of the Philippines (NACUSIP) as they called on the Sugar Regulatory Administration (SRA) to explain the continued decline in sugar prices, according to a press statement issued Sunday.

No malice in seeking answers, two sugar groups tell SRA

https://digicastnegros.com/no-malice-in-seeking-answers-two-sugar-groups-tell-sra/

24 November 2024

There was no malice in their asking the Sugar Regulatory Administration (SRA) to explain why sugar prices have been on a downward trend, the leaders of the Sugar Council and National Congress of Unions in the Sugar Industry of the Philippines (NACUSIP) said in a joint statement issued on Sunday, Nov. 24.

DA forming new council to boost support for farmers

https://manilastandard.net/business/314526568/da-forming-new-council-to-boost-support-for-farmers.html#google_vignette

21 November 2024

Agriculture Secretary Francisco Tiu Laurel Jr. unveiled plans to establish a consultative council aimed at strengthening support for millions of farmers and fishermen, ensuring a more inclusive and effective approach to addressing agricultural challenges.