
‘Conduct inventory of PH stock before importing more sugar’
Sugar leaders Enrique Rojas, Aurelio Valderrama Jr. and Manuel Lamata (l-r)*Government’s additional importation of sugar “to stabilize the price and boost the country’s stock” drew mixed reactions from industry leaders on Tuesday, May 16.“We agreed to additional importation of sugar to stabilize the prices. Maximum amount will be 150,000 MT but probably less,” President Ferdinand Marcos Jr. announced on Monday after meeting with Sugar Regulatory Administration (SRA) officials.Manuel Lamata, United Sugar Producers Federation of the Philippines president, said he also believes the country still lacks 150,000 MT of sugar.“Since the president wants milling to start September 1, we need that to cover August and September. The president sees the September start to milling will in...









