The Sugar Regulatory Administration (SRA) on Friday said that it may adjust sugar allocations for the next crop year to address the slower shipments of the sweetener to the United States.
SRA administrator Ma. Regina Bautista-Martin said that the Philippines still maintains its net sugar exporter status, but stressed that shipments to the United States may continue to decline until the next crop year from oversupply that resulted in very low prices of “A” or US quota sugar.
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