Raw sugar output seen dropping 8%

The Philippines’ production of raw sugar is forecast to decrease by 8 percent to 2.3 million metric tons (MMT) in 2017-2018 from 2.5 MMT in the previous market year, the US Department of Agriculture (USDA) said.

In the Global Agricultural Information Network (Gain) report made by its Foreign Agricultural Service (FAS) in Manila, USDA said the latest figure was lower than the 2.38-MMT target the Sugar Regulatory Administration (SRA) set at the start of the crop year.