The Department of Agriculture is eyeing to import around 200,000 metric tons of refined sugar later this year to fill an anticipated supply gap and ensure stability of the commodity’s prices.“Well, magkakaroon tayo ng importation sa sugar, if you want to know. Dapat by September, may arrival tayo, at least 200,000 tons, refined, for the gap before harvest and refining,” Agriculture Secretary Francisco Tiu Laurel Jr. told reporters in a dinner chat.
“That’s the deficit as we foresee the current stocks will go down by August, September so we’d have a gap sugar of 200,000 tons at least by September, October,“ he said.In December last year, the Agriculture chief said he is eyeing to limit the importation of sugar to 200,000 metric tons this year. Prior to Tiu Laurel’s appointment at the helm Agriculture Department last year, the agency was plagued by two sugar importation-related controversies.
DA
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