
NFSP supports Marcos’ order for 2-month sugar buffer stock
The Sugar Regulatory Administration should provide safeguards to ensure that the volume and arrival of the buffer stock will be calibrated, so it does not depress domestic millgate prices, NFSP president Enrique Rojas said.*Ronnie Baldonado photoThe Sugar Regulatory Administration should provide safeguards to ensure that the volume and arrival of the buffer stock will be calibrated, so it does not depress domestic millgate prices, Rojas said.“A buffer stock is needed to supply the domestic market while sugar mills have not yet achieved peak production. The lack of a buffer stock is precisely what caused domestic sugar prices to increase to unprecedented levels last July 2022 up to now,” he said.The Sugar Regulatory Administration should provide safeguards to ensure that the vol...









