Early start of sugar milling season to ease tight supply, inflation

BACOLOD CITY, Philippines – Two major sugar refineries have advanced the start of milling a month earlier – from September to August – to help ease the tight supply situation, Negros Occidental Vice Governor Jeffrey Ferrer announced on Wednesday, July 6.

This is 16.06% lower than the 2.13 million MT or 42.7 million LKG produced from September 1, 2020 to June 27, 2021. “At this stage, none yet,” he replied in a mix of English and Hligaynon to a question by Rappler, but also said that “by next month , we may find the sugar mills’ warehouses almost empty.”

That is the benchline sugar producers will try to meet to avoid a new round of importation orders that could drive down sugar prices at the peak of the milling season.and faced each other in court over controversial sugar import orders.

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Boxer drowns while crossing river in Negros Occidental townA 26-year-old boxer drowned while crossing the Tabla River between the boundaries of Barangays Balicotoc and Magballo, Ilog, Negros Occidental Monday, July 4.
Source: manilabulletin - 🏆 25. / 51 Read more »

Ex-NPA rebel wanted for frustrated murder nabbed in NegrosPolice arrested a former member of the New People’s Army (NPA) wanted for frustrated murder in Barangay Calampisawan, Calatrava, Negros Occidental Wednesday, July 6.
Source: manilabulletin - 🏆 25. / 51 Read more »

Negros Island Region EO could soften hearts in opposition provincePresident Ferdinand Marcos Jr. could win brownie points with an executive order allowing a working legal framework while Congress works on a Negros Island Region measure
Source: rapplerdotcom - 🏆 4. / 86 Read more »

Drunk man hacks uncle dead for scolding him over annoying behavior in NegrosA 30-year-old man allegedly hacked to death his uncle after he was scolded over his unruly behavior in Barangay Baga-as, Hinigaran, Negros Occidental.
Source: manilabulletin - 🏆 25. / 51 Read more »

4 NPA rebels killed in Negros encountersFour New People’s Army (NPA) rebels were killed while their comrade was captured in two separate encounters in Negros Occidental Wednesday, July 6.
Source: manilabulletin - 🏆 25. / 51 Read more »

China calls virtual talks with US Treasury Secretary Yellen 'constructive'US President Joe Biden is in the process of making up his mind on easing US tariffs on China, in part to ease inflation which he has said is a top priority.
Source: rapplerdotcom - 🏆 4. / 86 Read more »