NextGen Day

In anticipation of a shortage, the Department of Agriculture’s Sugar Regulatory Administration (SRA) will authorize the importation of 200,000 metric tons (MT) of standard and bottlers grade (premium refined) sugar.

According to an SRA statement released on Tuesday, Sugar Order No. 3 was made as a result of the assessment of the damage and losses caused by Typhoon Odette to sugarcane fields in December last year.

The pre-final crop estimate for raw sugar production has been reduced to 2.072 MT, down from 2.099 MT prior to “Odette.”

The board took into account a lower level of raw sugar production as well as damaged sugar mills and refineries.

The importation, according to SRA Administrator Hermenegildo Serafica, will offset the shortage in supply and “will provide the country with enough buffer stock to tide the country over until the start of the next milling season.”

The Philippine Association of Sugar Refineries likewise cut its refined sugar output prediction for the Crop Year 2021-2022 from 17.572 million LKg/TC to 16.748 million LKg/TC, down from 17.572 million LKg/TC before “Odette.”

“As the economy begins to open up again, demand for raw sugar and refined sugar grew in January this year when compared to the same month in the previous three years. As a result, sugar supplies must be supplemented to ensure food security and sugar supply “Serafica remarked.

A crop year begins on September 1 and finishes on August 31 of the following year, according to SRA.

Sugar mills and refineries typically close their doors in May or June, then reopen in September or October for the following season.

Around two weeks after the mills, the refineries begin operations.

Importation will only be used as a last option, according to the DA.

“Imports would only fill up the deficit or what cannot be generated locally,” DA Secretary William Dar said in an earlier statement. “The country needs to rely less on other nations to build its economy.”

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