Sugar

The domestic sugar industry has warned of the possible influx of sugar from Thailand once the full economic integration of ASEAN comes into full effect in less than three years from now.

MANILA, Philippines – The Philippines exceeded its sugar production target for the current crop year at the end of the million season, according to the Sugar Regulatory Administration (SRA). The SRA said that domestic sugar production reached 2.243 million metric tons (MT) as of July 8, slightly higher than the target production of 2.242 million…

LEADERS of the Philippine sugar industry met with the American government officials at Washington, DC, USA on Tuesday to lobby for the retention of the country’s sugar quota with the favored US sugar market.

THE PHILIPPINES has received an additional raw sugar quota of 72,374 metric tons (MT) from the United States, the Sugar Regulatory Administration (SRA) said today.

THE Philippines expects shipments of some 250,000 tons of sugar to the world market by end of this year driven by strong demand from Asian countries and the United States, the Sugar Regulatory Administration said on Monday.

THE Philippines will no longer import sugar from Thailand this year because of a production surplus and low demand for the sweetener in the domestic market, the Sugar Regulatory Administration (SRA) said on Friday.

PHILIPPINE sugar exports in the current crop year ending August 2012 may climb around 86% from a year ago with a forecast surplus, the industry regulator yesterday said, adding to a global oversupply.

* Output seen at 2.4 million tons in 2011/2012, nearly flat vs 2010/11 MANILA, Philippines – The government expects sugar output in crop year ending August 2012 of around 2.4 million tons, nearly flat from the previous year, and may sell the sweetener to other countries on top of its US quota for a second…

This is going to be a sweet year for the country’s sugar industry. Enjoying a bumper harvest, the Philippines is poised to export at least 300,000 metric tons of raw and refined sugar this year, Agriculture Secretary Proceso Alcala said Friday.

MANILA, Philippines – Once described as a sunset industry, the sugar industry has shown its resilience, surmounting one challenge after another. This time around, the sector faces yet another big challenge as tariff rates within the region are set to go down dramatically in line with the Asean Free Trade Agreement (AFTA).

At least two countries have placed orders to buy Philippine sugar, the Sugar Regulatory Administration said Monday. “Japan has ordered for 37,000 metric tons and Indonesia for 8,500 MT,” SRA manager for planning Rosemarie Gumera said in an interview.

MANILA, Philippines – The United States has granted the Philippines an additional sugar allocation of 18, 824 metric tons, the Sugar Regulatory Administration said yesterday. According to the SRA, the Office of the United States Trade Representative (USTR) has granted an additional Tariff Rate Quota (TRQ) for raw sugar equivalent of 19,648 MTRV which is…

MANILA, Philippines – The Philippines has not been given a sugar allocation by the United States under its new tariff rate quota. The omission was noted by the Sugar Regulatory Administration (SRA) which has asked the Office of the United States Trade Representative (USTR) to rectify the oversight.

THE boycott of Coca-Cola products to be launched by consumer group, Sugar Watch, in Negros Occidental on June 22 is seen to cut more than 50 percent of the company’s gross sales in the province.

BACOLOD CITY, Philippines – Negros Occidental Gov. Alfredo Maranon Jr. has called on President Aquino to intervene to prevent a looming crisis in the sugar industry. The governor said sugar trading in Negros Occidental has stopped because of overproduction, and the sugar planters and producers, especially the small ones, will greatly suffer very soon. “We…

MANILA, Philippines – The Philippines has been allocated by the US government an additional sugar export quota of 60,000 metric tons raw value (MTRV).

With gasoline at an all-time high, thanks to the Libyan crisis, whatever economic gains we may have had in the past few months will surely go to naught. But last Saturday, I was quite surprised that the nightspots in Metro Cebu were bustling with business and traffic was heavy in many areas which only tells…

NEW YORK (AP) – World sugar supplies will probably fall short of demand, said Rabobank Groep, after a cyclone with winds stronger than Hurricane Katrina destroyed homes and smashed crops in Australia, driving prices to 30-year highs.

THE Philippines’ biggest sugar miller expects prices of the commodity to remain high throughout 2011, allowing the company to eliminate its deficit when its fiscal year ends in August.

Retail prices of sugar are on the upswing but authorities will not impose controls just yet, according to the Sugar Regulatory Administration.

Some 100 sugarcane industry stakeholders asked the support of the Department of Agriculture during a recent dialogue in providing the necessary equipment in the mechanization of sugarcane production for both sugar and ethanol. Sugarcane farmers, particularly members of sugar Mill District Development Committees (MDDCs), said that the government should help them acquire tractors, irrigation systems…

The government plans to strengthen the sugar industry by increasing output within the next five years in preparation for the zero tariff regime in the Association of Southeast Asian Nations by 2015.

The Philippines has secured a bigger sugar quota allocation to the US this year, according to the Office of the US Trade Representative (USTR).

The TUCP Party-List has called the Bureau of Customs incompetent and inutile in stamping out the rampant sugar smuggling that hurts the local sugar industry, most especially the poor sugar farmers and producers, a press release from the group said.

The Philippines could ship more sugar to the US, after the Office of the US Trade Representative (USTR) reallocated to 25 countries this fiscal year’s unused quota on imported raw cane sugar.

MANILA, Philippines–The government is pushing through with its ‘export replacement’ scheme where 90,000 tons of sugar exported last year would be imported by concerned traders to boost local stocks.

PERHAPS because the President and the First Gentleman are from sugar-farming provinces, the Arroyo administration worked successfully to defer implementation  of zero tariff on sugar trading within the Asean Free Trade Area.

Apparently pressured by TV Patrol’s constant hammering on rising sugar prices, Agriculture Secretary Art Yap called me one evening shortly after the newscast went on air, to sound me out on some options they are considering. Not surprisingly, price control is on top of their agenda, as is tax free importation of sugar to flood…

Food exporters suspect hoarding of sugar as the main reason for the rocketing price of the commodity and called on government to immediately step in to help avert the collapse of the food export industry due to possible supply manipulation.

MANILA, Philippines – There might be fewer sugar products on store shelves in the coming days as supermarkets plan to pull them out due to rising prices, the Department of Trade and Industry (DTI) said yesterday.