The move came amid initial confusion over the commander-in-chief's intentions, according to The Philippine Star.
Serafica earlier said importing sugar was the only solution, while Beltran, who represents the milling sector, stressed the deflated buffer stock and the spiralling prices of sugar. The SRA estimates that by the end of August, the country’s raw sugar balance would be around -35,231 MT and its refined sugar balance -20,748.65 MT.
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