Stakeholders pushed 300K MT imports – ex-sugar exec

(UPDATE) RESIGNED Sugar Regulatory Administration (SRA) administrator Hermenegildo Serafica on Tuesday revealed that almost all stakeholders had recommended the importation of 300,000 metric tons (MT) of sugar.

Appearing personally at the resumption of hybrid hearings of the Senate blue ribbon committee headed by Sen. Francis Tolentino on the controversial sugar importation, Serafica said on July 29, he met with the stakeholders to brief them on the tight supply and rising prices of sugar.