Sugar output breaches target price of sugar

from manila times

The sugarcane sector performed better than expected this crop year as production exceeded the target despite the lingering effects of El Niño, the Sugar Regulatory Administration said.

As of May 28, sugar production totaled 2.33 million metric tons (MT), from 2.21 million MT a year earlier, the industry regulator said in a report. The output has surpassed the 2.25 million MT target this crop year.

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