Tag: SRA
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DA Keeps Sugar Imports Off the Table to Stabilize Prices for Current Milling Season
DA Maintains Stance: No Sugar Imports for the Current Milling Season The Department of Agriculture (DA) has reaffirmed its decision to refrain from importing sugar for the ongoing milling season, aiming to stabilize prices amid market uncertainty. The announcement aligns with the government’s policy reiterated by the Sugar Regulatory Administration (SRA) as concerns over low…
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DA Stands Firm: No Sugar Imports for Current Milling Season to Stabilize Prices
DA Maintains Stance: No Sugar Imports for the Current Milling Season The Department of Agriculture (DA) has reiterated its firm policy against importing sugar for the ongoing milling season, signaling a deliberate move to stabilize prices and support local producers amid market uncertainty. In a statement released on Wednesday, October 15, the DA reinforced the…
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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…
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SRA Extends Molasses Import Moratorium Through 2025
What the moratorium does The Sugar Regulatory Administration (SRA) announced a moratorium on the importation of molasses through the end of 2025. The move, enacted after the Sugar Board issued Molasses Order No. 1 on September 30, aims to balance the interests of local sugarcane byproducts producers and molasses users while policy reviews are conducted.…
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SRA imposes molasses import moratorium through end-2025
What the moratorium covers and key dates The Sugar Regulatory Administration (SRA) announced a temporary halt on the importation of molasses until the end of 2025. This action comes after the Sugar Board issued Molasses Order No. 1 on September 30, directing the suspension while policy reviews are conducted to balance the interests of local…
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SRA Imposes Molasses Import Moratorium Through 2025
What prompted the moratorium The Sugar Regulatory Administration (SRA) announced a moratorium on the importation of molasses through the end of 2025. The move, formalized as Molasses Order No. 1 issued on September 30, aims to review policies governing molasses imports to balance the interests of local producers and users amid shifting market dynamics. The…