Gov t to buy sugar directly from farmers at premium price – SRA visayandailystar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from visayandailystar.com Daily Mail and Mail on Sunday newspapers.
THE National Federation of Sugarcane Planters (NFSP) blamed the abundance and preference for imported sugar that reduced the demand for domestic raw sugar, resulting in a drop in the local prices of the commodity.
NFSP seeks Agriculture Secretary's help to address decline in sugar prices. President Enrique Rojas and industry leaders request government intervention to counteract the drop in sugar prices, currently at P2,400 to P2,500 per bag, significantly lower than the previous year. Imported sugar dominance dampens demand for domestic sugar, causing the decline. Agriculture Secretary promises concrete proposals to address the industry's concerns and the over importation issue.
NFSP seeks DA help to stop sugar price decline visayandailystar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from visayandailystar.com Daily Mail and Mail on Sunday newspapers.
THE local market is still dominated by imported, “cheap” sugar even in the midst of the harvest season, negatively affecting local sugar producers but not benefiting consumers either, the head of the Cebu-based sugarcane farmers said on Wednesday, Dec. 20, 2023.