MANILA, Philippines — Senator JV Ejercito on Friday urged a Senate investigation on the rise in sugar prices, which he said may “unmask” the people behind the “highly irregular” increase. “I will file a resolution urging the Senate to investigate the increase in sugar prices, especially here in Manila. Given that production of sugar was high and supply was adequate, Ejercito said he suspects that some “dirty hands” are manipulating market prices. READ: DA, DTI urged to probe alleged sugar price manipulationThe senator said the prevailing farmgate price of raw or brown sugar is P30 per kilo, according to farmers. But in Metro Manila and other areas, consumers were reportedly complaining about the price of sugar.
Source: Philippine Daily Inquirer April 26, 2019 08:37 UTC