Archived Articles

June 7, 2018

Sugaronline |

Raw sugar futures on ICE fell sharply on Thursday as a weak Brazilian currency weighed on prices, according to Reuters.

ICE July raw sugar fell 0.47 cents, or 3.85%, to 11.73 cents per lb by 1352 GMT, after hitting a low of 11.71 cents, the weakest price for the front month since May 21.

Dealers said…

March 5, 2016 Roel Pareño (The Philippine Star) |

ZAMBOANGA CITY, Philippines – A cargo vessel loaded with smuggled sugar was seized here on Thursday night.

Members of the Naval Forces Western Mindanao led by Lt. Renyleo Ballesteros intercepted M/L Nurhuda off Barangay Recodo. 

Orlando Sangit of the Customs police said the boat was…

March 3, 2015 Daily Star by Carla Gomez |

Bureau of Internal Revenue Region 12 officials yesterday said they could not grant a 120-day moratorium on Revenue Regulation 11-2014 that imposes a one percent creditable withholding tax on raw sugar and molasses upon withdrawal from the mills.

All they could say was that they would relay the concerns…

September 23, 2015 Visayan Daily Star (Carla P. Gomez) |

The Sugar Regulatory Administration is investigating those responsible for the attempt to smuggle PHP100 million (US$2.14 million) worth of sugar into the country, and using President Benigno Aquino's name in an attempt to seek the release of the shipment held by the Bureau of Customs, according…

INDIA: Coops oppose any further extension to raw sugar imports

April 18, 2017

Sugaronline |

Cooperative sugar mills have opposed any further duty-free raw sugar imports or extension of the time limit for import of the already allowed 500,000 metric tonnes quantity beyond June 30, according to the Indian Express newspaper.