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P90/kilo SRP for sugar eyed

(UPDATE) THE government will set a benchmark price for sugar after refined sugar retailed at P100 per kilo.

In an interview with The Manila Times, Sugar Regulatory Administration (SRA) Administrator Hermenegildo Serafica said setting a Suggested Retail Price or SRP for sugar was the consensus reached when he met with Agriculture Undersecretary Kristine Evangelista on Thursday night.

Workers arrange sacks of sugar at a warehouse in Marikina Public Market. PHOTO BY JOHN ORVEN VERDOTE