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(File photo) MANILA - The Sugar Regulatory Administration (SRA) of the Department of Agriculture (DA) will allow the importation of 200,000 metric tons (MT) of standard and bottlers grade (premium refined) sugar in anticipation of a shortfall. Sugar Order No. 3 was signed following the result of the assessment on the damage and losses caused by Typhoon Odette to sugarcane crops in December last year, according to an SRA statement on Tuesday. The pre-final crop estimate of raw sugar production is now down to 2.072 MT, less than the 2.099 MT pre-final crop estimate prior to "Odette". The lower level of raw sugar production as well as damaged sugar mills and refineries added to the factors considered by the board. SRA Administrator Hermenegildo Serafica said in a statement that the importation will cover the shortfall on the supply and "will leave the country with enough buffer stock to tide over until the start of the next milling season". The Philippine Association o

Hermenegildo seraficaWilliam darDepartment of agricultureSugar regulatory administrationPhilippine association of sugar refineriesTyphoon odettePhilippine associationSugar refineriesCrop yearIle photo manila the sugar regulatory administration sra of department agriculture da will allow importation 200000 metric tons mt of standard and bottlers grade premium refined sugar in anticipation ofa shortfall order no 3 was signed following the result assessment on damage losses caused by typhoon odette to sugarcane crops december last yearCcording to an sra statement on tuesday the pre final crop estimate of raw sugar production is now down 2 072 mtEss than the 2 099 mt pre final crop estimate prior to quot odette lower level of raw sugar production as well damaged mills and refineries added factors considered by board sra administrator hermenegildo serafica said ina statement that importation will cover shortfall on supply leave country with enough buffer stock tide over until start next milling season philippine association also revised its refined forecast for year 2021 2022 16 748 million bags per ton cane lkg tcOwn from the initial production estimate of 17 572 million lkg tc before quot odette as economy is once again starting to open upHe demand for raw sugar and refined january this year have also increased when compared to the same month in three previous years hence need augment stocks ensure food security availability ofUot serafica said sra explained thata crop year starts september 1 and ends august 31 of the following sugar mills refineries generally stop operations around may to june start for next season october two weeks after da previously that importation will only bea last resort quot imports fill in deficit or what cannot be produced locally as country needs rely less from other nations improve its economy