85 0 0 3 min to read

SRA approves the import of 150 thousand metric tons of refined sugar.

According to Sugar Regulatory Administration’s (SRA) Sugar Order No. 2, the Philippines will import 150,000 metric tons of refined sugar (SO 2).

The 75,000 metric tons of refined sugar for industrial users and the remaining 75,000 metric tons for consumers will make up the sugar imports.

According to the statement, imported sugar is intended to be open and accessible for all industrial users and consumers.

Before November 15, along with harvest time, the import volume is anticipated to arrive in the nation.

The importation was authorized and signed by President Ferdinand “Bongbong” Marcos Jr., who was also in charge of agriculture and the SRA board at the same time.

The directive was signed by acting SRA Director David Thaddeus Alba, Millers’ Representative Ma. Mitzi Mangwag, Planters’ Representative Pablo Luis Azcona, and Agriculture Undersecretary Domingo Panganiban.

Compared to the contentious alleged importation of 300,000 metric tons of sugar, the value of the SO 2 is reduced by half.

The SRA also made SO 1, which details how much sugar will be produced for domestic consumption in 2022–2023. Its 1,876,135.36 metric tons of anticipated production are intended for the domestic sugar market.

According to the SRA, the supply of sugar is anticipated to stabilize in the following months.

QR Code

Save/Share this story with QR CODE


Disclaimer

This article is for informational purposes only and does not constitute endorsement of any specific technologies or methodologies and financial advice or endorsement of any specific products or services.

πŸ“© Need to get in touch?

Feel free to Email Us for comments, suggestions, reviews, or anything else.


We appreciate your reading. 😊Simple Ways To Say Thanks & Support Us:
1.) ❀️GIVE A TIP. Send a small donation thru Paypal😊❀️
Your DONATION will be used to fund and maintain NEXTGENDAY.com
Subscribers in the Philippines can make donations to mobile number 0917 906 3081, thru GCash.
3.) πŸ›’ BUY or SIGN UP to our AFFILIATE PARTNERS.
4.) πŸ‘ Give this news article a THUMBS UP, and Leave a Comment (at Least Five Words).


AFFILIATE PARTNERS
LiveGood
World Class Nutritional Supplements - Buy Highest Quality Products, Purest Most Healthy Ingredients, Direct to your Door! Up to 90% OFF.
Join LiveGood Today - A company created to satisfy the world's most demanding leaders and entrepreneurs, with the best compensation plan today.


0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments
0
Would love your thoughts, please comment.x
()
x