
Marcos authorizes sugar importation; Too early to know if enough – NFSP
The arrival of imported sugar by mid-November, when most mills are already operating and sugar supply would have substantially stabilized, might dampen millgate sugar prices , Enrique Rojas, National Federation of Sugarcane Planters (NFSP) president, said.* Ronnie Baldonado photoPresident Ferdinand Marcos Jr. has signed Sugar Order No. 2, Series of 2022-2023, allowing the importation of 150,000 metric tons of refined sugar to ensure adequate domestic supply and to stabilize prices.The order released Wednesday, September 14, said that 75,000 metric tons will be allocated to industrial users and 75,000 metric tons for consumers.The sugar must arrive in the country not later than November 15, it said.Sugar Order No. 2 was signed by Marcos as chairman of the Sugar Regulatory Ad...









