The order of President Ferdinand “Bongbong” Marcos Jr to expedite the importation of over 64,000 metric tons of sugar is untimely since local millers are in full swing, which means ther…
The order of President Ferdinand “Bongbong” Marcos Jr to expedite the importation of over 64,000 metric tons of sugar is untimely since local millers are in full swing, which means there is enough supply, a group of sugar producers said Thursday.
“Ang position namin talaga wala na munang importation this year. Siguro kung meron man, idetermine natin next year…Ang makikita ng kulang ay March to April, kung saan nakita na natin ang approximate production sa year 2022-2023,” he said. “Yun ang pinagtataka namin, we suspect na merong manipulation and supply sa pricing nito, kasi bumaba na ito ng October eh, bumalik naman nitong November, papasok ng December,” he said.
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