THE Sugar Regulatory Administration (SRA) said it authorized the export of 100,000 metric tons (MT) of raw sugar to the US to fulfill the Philippines’ 2026 quotaTHE Sugar Regulatory Administration (SRA) said it authorized the export of 100,000 metric tons (MT) of raw sugar to the US to fulfill the Philippines’ 2026 quota

Regulator approves raw sugar exports of 100,000 metric tons to US

THE Sugar Regulatory Administration (SRA) said it authorized the export of 100,000 metric tons (MT) of raw sugar to the US to fulfill the Philippines’ 2026 quota.

Sugar Order (SO) No. 3, which will take effect on Jan. 23, will allow the Philippines to fulfill its US raw sugar commitment for a third consecutive year. Sugar shipments under the quota typically fetch higher prices than those sold on the world market.

Participation in the export program is open to qualified traders. According to SO No. 2, priority for the export program goes to those who have purchased domestically  produced sugar.

Participants who comply with the terms of SO No. 3 will be given priority in future sugar import programs, at a 1:3 export-to-import ratio. The SRA, however, clarified that it currently has no import program for crop year 2025-2026.

Privileges granted under SO No. 3 may be transferred to another licensed international sugar trader in good standing, subject to approval by the SRA administrator.

The order follows the Department of Agriculture’s (DA) approval of the SRA’s proposal to export raw sugar to the US, citing the need to reduce excess domestic supply and support farmgate prices.

The DA said domestic sugar production rose by about 130,000 MT in the last crop year, resulting in higher inventory levels.

Agriculture Secretary Francisco P. Tiu Laurel, Jr. has cited the need to export as soon as possible to provide immediate relief to the sugar industry. — Vonn Andrei E. Villamiel

Market Opportunity
Sugar Boy Logo
Sugar Boy Price(SUGAR)
$0.0001777
$0.0001777$0.0001777
+0.05%
USD
Sugar Boy (SUGAR) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Ethereum Price Prediction: ETH Targets $10,000 In 2026 But Layer Brett Could Reach $1 From $0.0058

Ethereum Price Prediction: ETH Targets $10,000 In 2026 But Layer Brett Could Reach $1 From $0.0058

Ethereum price predictions are turning heads, with analysts suggesting ETH could climb to $10,000 by 2026 as institutional demand and network upgrades drive growth. While Ethereum remains a blue-chip asset, investors looking for sharper multiples are eyeing Layer Brett (LBRETT). Currently in presale at just $0.0058, the Ethereum Layer 2 meme coin is drawing huge [...] The post Ethereum Price Prediction: ETH Targets $10,000 In 2026 But Layer Brett Could Reach $1 From $0.0058 appeared first on Blockonomi.
Share
Blockonomi2025/09/17 23:45
Disney Pockets $2.2 Billion For Filming Outside America

Disney Pockets $2.2 Billion For Filming Outside America

The post Disney Pockets $2.2 Billion For Filming Outside America appeared on BitcoinEthereumNews.com. Disney has made $2.2 billion from filming productions like ‘Avengers: Endgame’ in the U.K. ©Marvel Studios 2018 Disney has been handed $2.2 billion by the government of the United Kingdom over the past 15 years in return for filming movies and streaming shows in the country according to analysis of more than 400 company filings Disney is believed to be the biggest single beneficiary of the Audio-Visual Expenditure Credit (AVEC) in the U.K. which gives studios a cash reimbursement of up to 25.5% of the money they spend there. The generous fiscal incentives have attracted all of the major Hollywood studios to the U.K. and the country has reeled in the returns from it. Data from the British Film Institute (BFI) shows that foreign studios contributed around 87% of the $2.2 billion (£1.6 billion) spent on making films in the U.K. last year. It is a 7.6% increase on the sum spent in 2019 and is in stark contrast to the picture in the United States. According to permit issuing office FilmLA, the number of on-location shooting days in Los Angeles fell 35.7% from 2019 to 2024 making it the second-least productive year since 1995 aside from 2020 when it was the height of the pandemic. The outlook hasn’t improved since then with FilmLA’s latest data showing that between April and June this year there was a 6.2% drop in shooting days on the same period a year ago. It followed a 22.4% decline in the first quarter with FilmLA noting that “each drop reflected the impact of global production cutbacks and California’s ongoing loss of work to rival territories.” The one-two punch of the pandemic followed by the 2023 SAG-AFTRA strikes put Hollywood on the ropes just as the U.K. began drafting a plan to improve its fiscal incentives…
Share
BitcoinEthereumNews2025/09/18 07:20
Trump-backed stablecoin hits $5 billion as first family cashes in

Trump-backed stablecoin hits $5 billion as first family cashes in

Trump Jr. has emerged as a vocal crypto advocate and operator, while World Liberty Financial has made USD1 the backbone of its decentralized finance platform.
Share
Crypto.news2026/01/30 04:30