Philippine sugar production drops by 3%in March
By: Date: 2021-04-20 Categories: Internationalfood Tags: ,
  According to a report by the Philippine”Star” on April 14, the latest data from the Sugar Administration showed that in the fourth week of March, the sugar output was 1.54 million tons, a year-on-year decrease of 3%. The output of the 2020-2021 crop year will reach 30.75 million bags, which is lower than 31.67 million bags (50 kg/bag) in the same period last year. Demand for raw sugar increased by 7.27%to 1.15 million metric tons. Sugarcane production increased by 5.24%to 18.4 million tons. The output of refined sugar dropped by 16.03%to 476,000 tons. The ex-factory price of each bag of sugar increased by 13%to 1,633 pesos.