Refined sugar imports plunge to 66,325 MT

By Janine Alexis Miguel

Oct 08, 2024 12:23 am

IMPORTED refined sugar dramatically dropped to 66,325 metric tons (MT) from the 730,430 MT a year earlier, as raw sugar stocks from 2023 remain at a comfortable level, according to data from the Foreign Agricultural Service of the United States Department of Agriculture (FAS-USDA) in Manila.

For 2025, the agency said it sees no importation of raw sugar as the Philippine government moves to protect local producers.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

Weaker peso blamed as NG debt tops P16T

Apple Pay, Google Wallet could launch in PH – BSP

Rice imports hit record 4.25 million metric tons

Peso gains but stock market slips

Inflation fight mostly on track – Fed execs

BOI urges Green Lane bill approval

PH still a preferred global IT-BPM provider