
SRA expects refined sugar prices to stabilize at P70 to P80 per kilo
SRA Administrator David Alba and board member Pablo Luis Azcona (l-r) at a press conference in Makati City on Tuesday*The Sugar Regulatory Administration expects prices of refined sugar to stabilize at between P70 and P80 per kilo by November, SRA Administrator David Alba said Tuesday, September 20.“In essence, there is supply, we see prices stabilizing by next month when the imported sugar startscoming in,” he said.He said 150,000 MT of imported sugar is expected to arrive in the country before November 15.“We continue to monitor the production output but we are happy to report that the mills in Negros are efficiently milling so we expect to be in time for the November opening of refineries”, he added.He said the country’s total physical raw sugar in stock is 134, 526....









