Local news

Sugar prices drop despite ‘no importation’

https://malaya.com.ph/business/shipping-transportation/sugar-prices-drop-on-oversupply/

18 November 2024

Sugar prices have been plummeting for three consecutive weeks, despite the announcement of the Department of Agriculture and Sugar Regulatory Administration that there is no immediate need for additional import, the Sugar Council and the National Congress of Unions in the Sugarcane Industry (NACUSIP) said.

No shortage of agri products during holiday season due to imports—DA

https://mb.com.ph/2024/11/8/no-shortage-of-agri-products-during-holiday-season-due-to-imports-da#google_vignette

8 November 2024

As the Christmas season approaches, the Department of Agriculture (DA) assured on Friday, Nov. 8, that the supply of agricultural products is stable, with imports supplementing local production to meet the country’s needs.

Sugar, glass emerge as PH sensitive products under trade deal with UAE

September 1, 2024

Philippine News Agency - https://www.pna.gov.ph/articles/1232384

As the Philippines and the United Arab Emirates (UAE) negotiate for the Comprehensive Economic Partnership Agreement (CEPA), local sugar millers and glass manufacturers urged the government to look into the sensitivity of sugar and glass products under the free trade agreement.

Sugar firms keen on later milling

August 22, 2024

Inquirer - https://business.inquirer.net/476108/sugar-firms-keen-on-later-milling

The Philippine Sugar Millers Association Inc. (PSMA) backs a proposal to postpone the start of the milling season by two weeks to improve their chances for a better yield.

In a statement on Wednesday, the PSMA said the two-week delay in milling could result in better cane maturity and possibly bigger volumes amid the adverse impact of the El Niño climate phenomenon on their harvest.

Sugar millers open to allocating entire output for domestic use

August 22, 2024

The Philippine Star https://www.philstar.com/business/2024/08/22/2379551/sugar-millers-open-allocating-entire-output-domestic-use

MANILA, Philippines — Sugar millers are warm to the possibility of allocating the entire sugar production in the next crop year for domestic consumption considering the ill effects of El Niño on sugarcane yield.