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Retail price of sugar drops to P90/kilo

THE retail price of refined sugar in some Metro Manila markets dropped to P90 per kilo days after President Ferdinand 'Bongbong' Marcos Jr. signed Sugar Order 2 allowing the importation of 150,000 metric tons of the sweetener.

Based on the daily market monitoring of the Department of Agriculture (DA) on Friday, refined sugar was being sold for P90 per kilo at Muntinlupa Public Market in Muntinlupa City and Commonwealth Market in Quezon City.

BITTER In the Philippines, the price of sugar remains high. PHOTO BY MIKE ALQUINTO