Yulo to SRA: ‘explain the merits of time to export’

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Yulo to SRA: ‘explain the merits of time to export’
SRASugar ExportPolicy Explanation
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Negros Occidental Fifth District Rep. Emilio Yulo III said it is wise for the Sugar Regulatory Board to carefully explain the merits of time to export 25,300 metric tonnes of sugar and bring in or import 243,000 metric tons. 'They just need to be transparent in everything to allay fears of the situation,' Yulo said.

'Let's keep our sugar domestic for sugar order No.1,' Yulo pointed out. There are nuances in the industry but let's classify it all for B sugar, Yulo added. If you remember years back A sugar price was higher and then gradually shifted so A was an assured market for us fetching premium price but after a while our B or domestic sugar price has become high. That time we just wanted to keep the US quota because anything can happen.

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