Sugar production seen meeting local demand - News Summed Up

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Sugar production seen meeting local demand


THE Sugar Regulatory Administration (SRA) is optimistic that the Philippines’ sugar production will meet domestic demand for the current crop year. According to SRA Administrator Hermenegildo Serafica, production reached 1.92 million metric tons (MMT) as of May 6. The SRA chief’s statement came while visiting sugar mills in Luzon and the Visayas, meeting their managers, and checking on their operations and production outlook. Demand for refined sugar in the period, meanwhile, rose by 23.53 percent to 631,341.85 MT from 511,072.55 MT. A crop year for sugar begins on September 1 and ends on August 31 the following year.


Source: Manila Times May 13, 2018 16:18 UTC



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