Philippines: Sugar Annual

  |   Attaché Report (GAIN)

According to Philippine Sugar Regulatory Administration (SRA) data, MY 2014/15 (Dec/Nov) raw sugar production decreased by 15 percent to 2.15 MMT, mainly due to the extended dry weather conditions caused by the El Nino and a noticeable shift in peak harvesting and milling time from NovDec to Jan-Feb. Experts also foresee a possible delay in the start of harvesting next crop year (Sept/Oct 2016/17) due to an anticipated La Nina episode. Industry contacts expect sugar demand to continue rising in MY 2015/16 due to a rapidly developing food processing industry. Post estimates that total raw sugar exports for MY 2015/16 will be about 150,000 MT, which will go to the United States. Since December 2014, millsite prices for domestic raw sugar have increased by as much as 25 percent while molasses prices have risen by 45 percent, reflecting tightness in supply.

Philippines: Sugar Annual

Related Reports

Attaché Report (GAIN)

Ukraine: Sugar Annual

MY2023/24 sugar production is forecast at 1.5 MMT, a 13 percent increase compared to the previous MY estimate, as Ukraine returns to pre-war (CY2021) production areas of sugar beets.
On May 10, 2023, the People’s Republic of China (PRC) National Health Commission (NHC) released a Catalog of new food ingredients, new varieties for food additives, and new food related products which were announced during 2009 to 2021 with the applicable corresponding food safety standards.
On April 27, 2023, the Ministry of Health and Family Welfare/Food Safety and Standards Authority of India (FSSAI) notified on its website the Direction SS-T007/1/2023-Standard-FSSAI.