MANILA — The Department of Agriculture (DA) has requested commitments from importers to sell their sugar allocation through the government at P70 per kilogram.
In coordination with the Sugar Regulatory Administration (SRA), the DA has asked each importer under the Sugar Importation Policy for Crop Year 2022-2023 to commit 10 percent of their imported sugar allocation to be sold through DA at P70 per kilo to have ample supply of affordable sugar.
According to the DA-SRA, it would start selling sugar at P70 per kilo in the agency’s Quezon City and Bacolod City offices. Sugar sold would be for direct consumers and not for resale. Kadiwa rolling stores and Kadiwa on Wheels will also be selling sugar at the same price to make sugar affordable and accessible to consumers.
The DA earlier said it was coordinating with the SRA to implement a suggested retail price (SRP) on refined sugar. A series of meetings will be conducted with SRA and stakeholders to control the price of sugar.
In developing the SRP, the DA stated that it will consider supply as imported and local sugar enter the markets to guarantee that producers will not be disadvantaged and consumers can afford it. SRA has issued clearances for imported sugar to 13 international sugar traders as of Oct. 14, with a total volume of 33,772.50 metric tons (MT) of refined sugar intended for consumers and end-users.
Through the Kadiwa Project of the DA and SRA, a portion of this sugar will be distributed/sold at P70-80 per kilogram to several groceries and supermarkets as well as public and wet markets.
In addition, the SRA authorized the importation of 6,625 MT of sugar earmarked for industrial users, which is anticipated to arrive in October and November.
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