date:Jun 11, 2014
ank raising key interest rates on June 19. The Philippines is considered a minor player in global sugar trade due to its high production costs, but is a major sugarcane producer and typically one of the largest US sugar quota recipients.
Total raw sugar exports by the Philippines for 2013/2014 are forecast to reach 300,000 tonnes, bulk of which will go to countries other than the US, according to a recent report issued by a US Department of Agriculture attache in the Philippines. Philippine su