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Retail price of refined sugar to go down to P60/kilo – DA exec

The retail price of refined sugar is expected to go down to P60 per kilo with the discovery of stocks in warehouses across the country, Domingo Panganiban, senior undersecretary of the Department of Agriculture, said on Monday.

The former Agriculture chief said that more raids will be conducted in Visayas and Mindanao.

A vendor arranges packs of sugar at the Blumentritt Market in Manila. PHOTO BY JOHN RYAN BALDEMOR