Marcos orders two-month sugar buffer stock

By Kristina Maralit

Jan 24, 2023 8:47 pm

PRESIDENT Ferdinand Marcos Jr. on Tuesday ordered the establishment of a two-month buffer stock for sugar to temper market price and ensure availability.

'To cut down speculation, we are guaranteeing a buffer stock of two months. So, hindi magkaka-shortage, hindi dapat tataas ang presyo (there will be no shortage, there should not be any price increase),' he said in a video statement.

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