Sugar output in the Philippines by the end of April this year has increased to 1.849 million metric tons (MMT) from 1.826 MMT last year, revealed the latest data of the Sugar Regulatory Administration (SRA).
As per the SRA data, till April 25, the domestic sugar output grew by 1.25% year-on-year. The data also shows that the total sugarcane milled has increased by 9.1% to 21.819 MMT from 19.999 MMT recorded last year.
The average sugar yield was lower by 7.03% to 1.72 for 50-kg bags per metric ton of sugarcane milled p(LKg/TC) as against 1.85 LKg/TC recorded during the same period last year.
The average mill-site price of sugar as of April 25 rose by 17.8 per cent to P1,669.19 per LKg from P1,417.01 per LKg last year, SRA data showed.
The SRA stated that it has informed the concerned stakeholders about the drop in the estimated production of sugar for the year and they have given recommendations to address the issues.