The Department of Agriculture said it is targeting to reduce the retail price of refined sugar to P72 per kilogram from a record-high of P115 per kilogram through the proposed additional 300,000-metric ton importation program.
“We are requesting the [Sugar Regulatory Administration that there should be an [import] allocation for house consumers’ [use],” Evangelista told reporters in a recent interview. Lamata said the importation of raw sugar should not be allowed since local plantations would start harvesting sugarcane soon. “Therefore, we will have raw or brown sugar shortly.”
In their resolution, UNIFED and LUZONFED said there is “no need to import raw sugar” because “some mills” have jumpstarted their operations this month. It stipulated that they will not ask for import right fees for the additional sugar imports. The two groups said the collection of import right fee could increase the prices of imported sugar.
“What is more important is that SRA implements a program as soon as possible to infuse additional supply of sugar in the market to immediately address availability and increasing prices.”
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