Tag: RA 9367
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SRA halts molasses imports amid price crash in the Philippines
SRA temporarily halts molasses imports under MO No. 1 The Sugar Regulatory Administration (SRA) of the Philippines has issued a temporary moratorium on importing molasses through Molasses Order (MO) No. 1. The policy, effective until December 31 with the possibility of extension or lifting based on stock balance and policy outcomes, aims to give the…
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SRA Halts Molasses Imports to Stabilize Philippine Prices
Background: Why the import ban was issued The Sugar Regulatory Administration (SRA) has announced a temporary moratorium on molasses imports under MO No. 1, effective immediately and lasting through December 31, as it conducts a policy review aimed at aligning local production with user needs and market realities. As of August 31, imports for the…
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SRA halts molasses importation amid price crash in the Philippines
Overview The Sugar Regulatory Administration (SRA) of the Philippines has issued Molasses Order (MO) No. 1, placing a temporary ban on molasses imports through December 31. The move aims to give the government time to review policies and strike a balance between producers and users amid a surge in import arrivals and a sharp decline…