date:Jun 11, 2014
2013/2014 crop year in August as a result of the policy move. The country's standard buffer stock level is pegged at 250,000 tonnes. The SRA forecasts domestic consumption of raw and refined sugar in the current crop year to reach 2.2 million tonnes and 1.1 million tonnes, up 1 percent and 9 percent respectively from the previous crop year.
Philippine inflation quickened in May to a two-and-a-half year high on costlier food and utilities, and some analysts see the possibility of the central b