Philippines: DA and SRA Agree to Extend Moratorium on Molasses Imports Until March 2026
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Philippines: DA and SRA agree to extend moratorium on molasses imports until March 2026
Manila: The moratorium on molasses imports in the Philippines, earlier scheduled to end this year, will now remain in place until March 2026 following a decision by the Department of Agriculture (DA) and the Sugar Regulatory Administration (SRA), reports Philstar Global. The government first issued the order in September to stop prices from dropping further. A 21 percent rise in local production during the last milling season, along with continu…
Molasses import ban extended to March to protect farmer prices
The Department of Agriculture (DA) and the Sugar Regulatory Administration (SRA) have extended the ban on molasses importation until the end of March next year to prevent domestic farmer prices from falling further. SRA Administrator Pablo Luis Azcona said on Wednesday, Nov. 26, that the extension covers Molasses Order No. 1, which originally suspended imports […]
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