
SRA classifies 100% of sugar as ‘B’; 10 to 15% production drop seen
Sugar production is expected to drop depending on the severity of the anticipated El Niño phenomenon.* Nic Ledesma photoThe country’s entire sugar production for crop year 2023-2024 has been classified as “B” or domestic market sugar effective immediately.Sugar Order No. 1 Series of 2023-2024 released by the Sugar Regulatory Administration (SRA) board on Monday, September 11, said the country’s total raw sugar production for the new crop year that covers Sept. 1, 2023 to Aug. 31, 2024 is estimated at 1.85 million metric tons, with an estimated drop in production by 10 to 15 percent depending on the severity of the anticipated El Niño phenomenon.The total domestic raw sugar withdrawal for Crop Year 2023-2024 is estimated at 2.20 million MT, more or less, it said.The order st...









