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According to the Philippines "Star" July 20 news, the Philippine Sugar Regulatory Bureau data (SRA) show that as of July 4, sugar production reached 2.
137 million tons, down slightly from 2.
14 million tons last year
.
Despite a slight decline, the country's sugar production has exceeded the current crop year's target of 2.
1 million tons
.
During the same period, the demand for raw sugar increased by 11% to 1.
9 million tons, the ex-factory price rose by 16.
17% to 1,620 pesos per 50 kg bag, the total amount of milled sugar cane increased by 8.
26% to 25.
2 million tons, and the output of refined sugar fell by 8.
4% to 754,000.
Tons
.
137 million tons, down slightly from 2.
14 million tons last year
.
Despite a slight decline, the country's sugar production has exceeded the current crop year's target of 2.
1 million tons
.
During the same period, the demand for raw sugar increased by 11% to 1.
9 million tons, the ex-factory price rose by 16.
17% to 1,620 pesos per 50 kg bag, the total amount of milled sugar cane increased by 8.
26% to 25.
2 million tons, and the output of refined sugar fell by 8.
4% to 754,000.
Tons
.
