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Philippines: Philippines Sugar Policy – 100 percent for the domestic market for MY 2023-2024

By USDA

2nd November 2023

The Philippines issued sugar policy (Sugar Order No. 1) for marketing year (MY) 2023-2024 allocating 100 percent of the estimated 1.85 million metric tons (MT) production to the domestic market.

The estimated production could drop 10 to 15 percent depending on the severity of the ongoing El Niño phenomenon. Assessment of production and withdrawal trends will be conducted periodically to check if there is a need to adjust percentage allocation or distribution to other sugar classes.

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