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Group backs importation of 450,000 MT of sugar

A SUGAR producers' group on Thursday backed the government's plan to import 450,000 metric tons of sugar this year.

But it stressed that the Sugar Regulatory Administration (SRA) should schedule the releases of the imported sweeteners, to ensure that mill-gate prices will not be affected.

Vendors at the Paco Market in Manila repack sugar on Wednesday, Jan. 18, 2023. President Ferdinand Marcos Jr. has ordered the importation of 64,050 metric tons of sugar amid a reported shortage in the basic commodity. PHOTO BY MIKE ALQUINTO