Philstar
No sugar importation until 2026 — DA
The Philippines will not be importing sugar until the end of the first half of 2026, according to the Department of Agriculture (DA).
This decision aims to address concerns over the low prices of raw sugar, as observed during the first sugar bidding in Negros on October 9.
Agriculture Secretary Francisco Tiu Laurel Jr. assured stakeholders that no importation is planned until the current milling season concludes, projected between May and June 2026.
He clarified that any future imports would only be considered after firm production figures are available and would be classified as reserve sugar.
The DA mentioned that market hesitation among traders stemmed from speculations of an importation program.
A two-month buffer stock of refined sugar will be maintained to ensure market stability.
The SRA had previously authorized the importation of 424,000 metric tons of sugar for the 2024-2025 crop year.
Recently, nearly 190 hectares of sugar land in the Visayas were affected by a pest infestation.
Topics in this story
Explore more stories about these topics.
🤖
This story was generated by AI to help you understand the key points. For more detailed coverage, please see the news articles from trusted media outlets below.
News Sources
See how different news organizations are covering this story. Below are the original articles from various Philippine news sources that contributed to this summary.
