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    Home > Food News > Food Articles > The Philippines allocates most of its sugar production to the domestic market

    The Philippines allocates most of its sugar production to the domestic market

    • Last Update: 2021-04-16
    • Source: Internet
    • Author: User
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    According to the Philippines’ Business Mirror report on March 31, the Philippines has decided to allocate the remaining foodmate.
    net/tag_1685.
    html" class="zdbq" title="Sugar-related food information" target="_blank">sugar for the 2020-2021 crop year for domestic consumption to ensure sufficient inventory and avoid foodmate.
    net/tag_2496.
    html" class="zdbq" title="Price related food information" target="_blank">price increases.
     
    The Sugar Administration (SRA) issued an executive order until the end of the crop year on August 31 to cancel the export of 7% of sugar to the United States, and all sugar production will be used in the domestic sugar market.
     
    Barrera, executive director of the Philippine Sugar Mills Association, said that the redistribution will not threaten the quota for the United States.
    It is expected that 100,000 tons of sugar will be exported to the United States, which basically meets the quota requirements.
     
    The latest data shows that the 2020-2021 crop annual sugar output is expected to be 2.
    101 million tons, sugarcane output increased by 7.
    6% year-on-year to 16.
    67 million tons, and the sugar recovery rate dropped by 6.
    6% year-on-year to 1.
    71 bags of sugar per ton of sugarcane.
    foodmate.
    net/tag_1685.
    html" class="zdbq" title="Sugar-related food information" target="_blank">Sugar foodmate.
    net/tag_2496.
    html" class="zdbq" title="Price related food information" target="_blank">prices
     
      The Sugar Administration (SRA) issued an executive order until the end of the crop year on August 31 to cancel the export of 7% of sugar to the United States, and all sugar production will be used in the domestic sugar market.
     
      Barrera, executive director of the Philippine Sugar Mills Association, said that the redistribution will not threaten the quota for the United States.
    It is expected that 100,000 tons of sugar will be exported to the United States, which basically meets the quota requirements.
     
      The latest data shows that the 2020-2021 crop annual sugar output is expected to be 2.
    101 million tons, sugarcane output increased by 7.
    6% year-on-year to 16.
    67 million tons, and the sugar recovery rate dropped by 6.
    6% year-on-year to 1.
    71 bags of sugar per ton of sugarcane.
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