Manila, Philippines: The data from the Sugar Regulatory Administration (SRA) revealed that the local raw sugar production in the first week of December declined by 27 per cent to 311,617 metric tons. The production is expected to improve till the season ends. The season starts every September and ends in August. The sugar production in 2018 was 4,29,680 MT.
According to the reports, the country’s raw sugar demand was six per cent lower at 343,597 MT, and the mill gate price of sugar went up by three per cent to P1,515 per 50-kilo bag.
In this season, the Philippines expects to produce 2.096 million MT of sugar. All the sugar produced in the Philippines is consumed locally with the household using 32 per cent and industry consuming 50 per cent and the remaining 18 per cent by the institutions.
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