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Farmers and cooperatives in Negros report a 10% decrease in production due to El Niño. Sugar mills are closing early, impacting the overall target of 1.85 million metric tons. No immediate need for importation, but uncertainties remain regarding supply and withdrawals. Sugar Regulatory Administrator provides insights on the situation.
Sugar Council supports SRA probe on low sugar prices
BACOLOD CITY, Negros Occidental: The Sugar Regulatory Administration (SRA) has received 80 tractors and other farm equipment from the Japanese government in support of the sugarcane industry farm mechanization program funded under the Japan nonproject grant aid amounting to P314 million.
The Sugar Regulatory Administration is appealing to retailers to sell refined sugar at a suggested retail price (SRP) of P85 per kilo.
• GILBERT P. BAYORAN Acting SRA Administrator Paul Azcona* Stressing that there is enough supply of the commodity, the Sugar Regulatory Administration is