THE Sugar Regulatory Administration (SRA) said it is taking applications to fill the US export quota of 142,160 metric tons in raw value or 136,201 metric tons in commercial weight for 2019-2020.
SRA in an order dated Dec. 10 urged producers to fill the full quota in the “national interest.”
“Sugar traders and/or exporters are hereby advised to apply with SRA for export allocations… in order to fill up the allocations of the US Sugar Quota for Fiscal Year 2019-2020,” according to the order.
All sugar shipments to the US, it said, will be made on a “first-in, first-out” basis.
Senate Majority Leader Juan Miguel F. Zubiri in September said more sugar should be allocated to the domestic market rather than exported.
SRA reported that sugar production in the third week of November fell 29.05% year-on-year.
Fitch Solutions in a report tempered its Philippine sugar production projection for crop year 2019/2020 by 4%, and projected an output of 2.1 million tons. — Jenina P. Ibañez