Philippines sees 2.4mn T sugar output in 2011/12
MANILA: The Philippines expects sugar output in crop year ending August 2012 to reach around 2.4 million tonnes, about the same as in the previous year, and may sell the sweetener to other markets on top of its US quota for a second year in a row, a senior official said.
"We are now working together with sugar planters and millers to determine the ideal export allocation for 2011/12 crop year," Regina Bautista-Martin, chief of state agency Sugar Regulatory Administration, told Reuters in a phone interview on Friday.
"There will be more exports on top of our sugar quota commitments to the US," she said.
The Southeast Asian country closed the 2010/11 crop year on Aug. 31 with total raw sugar output of 2.39 million tonnes, the highest in three years and up 21 percent from 2009/10.
Copyright Reuters, 2011
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