Citing that there is sufficient domestic stock of sugar in the country and additional sugar will be produced from September when the cane crushing season starts, the industry associations have objected the proposals of sugar importation.
In a joint statement issued by the National Federation of Sugarcane Planters (NFSP) and the Panay Federation of Sugarcane Farmers (Panaya), the organizations have opposed the proposal of sugar importation.
NFSP president Enrique D. Rojas and Panayfed president Danilo A. Abelita have stated that the country has sufficient domestic stocks and the additional demand will be met once we start sugar production from September.
In a joint statement, they said, “The country has sufficient physical sugar stocks, both in raw and refined form, until the next milling season starts in September. Once our sugar mills resume operations in September, we can start producing the sugar needed by our consumers. By November or December when all mills are projected to be operational, we can be assured of enough sugar stocks.”
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