Sugar News in English

Philippines: Raw Sugar Production Falls 10.98%, SRA Data Shows

Philippine sugar production fell 10.98% to 1.85 million tonnes as of July 12, with lower cane and molasses output. However, refined sugar production rose 12.24%, while the country secured the second-largest U.S. raw sugar export quota for FY2027 at 145,235 MTRV.

RAW sugar production from mills fell last month, according to Sugar Regulatory Administration (SRA) data.

As of July 12, production dropped 10.98 percent to 1.85 million metric tons (MT), from 2.078 million MT a year earlier.

Refined sugar production, however, rose 12.24 percent to 683,972 MT from 609,395 MT.

Domestic demand fell short, down 3.34 percent for raw sugar and 4.43 percent for refined sugar. Physical inventory stood at 388,021 MT for raw sugar and 437,890 MT for refined sugar.

Total cane milled reached 23.110 million MT, down 10.98 percent from 25.945 million MT a year ago.

Molasses production fell 7.63 percent to 1,082,231.44 MT from 1,171,672.68 MT.

To boost local production without expanding planting areas, the SRA has shifted its planting calendar from Oct. 1 this year to Sept. 30, 2027, giving sugarcane more time to mature and raise its sugar content.

Refined sugar sold at P80 per kilogram, washed sugar at P75 and brown sugar at P70, according to the Department of Agriculture’s Bantay Presyo as of Aug. 1.

Exports

Philippine sugar exports to the United States remained unchanged as of July 12, at 98,578 MT, the same level reported as of July 5.

The country recently secured a US export quota of 145,235 metric tons raw value (MTRV) of raw cane sugar at a lower tariff for fiscal year 2027, the second-highest allocation.

The Dominican Republic led with 189,343 MTRV, followed by Brazil in third with 100,000 MTRV.

Tariff rate quotas allow countries to export set quantities to the US at a lower tariff, with volumes above the threshold subject to a higher rate.

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Source : The Manila Times

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