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The Department of Agriculture and Sugar Regulatory Administration have delayed their decision on sugar importation following the stable domestic supply of raw and refined sugar in the country."Given the current situation, Administrator Azcona and I agreed that a decision on sugar importation could be delayed until after May, when the current harvest season ends," Agriculture Secretary Francisco Tiu Laurel Jr. said.
"Farmers had to delay their harvests to allow the cane to mature further and increase sugar content," Azcona said.The country experienced the El Niño phenomenon from July 2023 to June 2024.According to DA, the prolonged dry spells brought by El Niño caused the cane to be physiologically immature, resulting in a 16% lower sugar content per ton of cane.This resulted in the constraining sugar output despite an increase in planting areas.
Sugar Prices Sugar Importation Sugar Regulatory Administration Department Of Agriculture
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