Panay News

Sugar council bucks import proposal

-

BACOLOD City – Members of the Sugar Council expressed concern over a proposal allowing traders to import additional sugar to address low millgate prices.

In a l etter forwarded yesterday morning to Sugar Regulatory Administra­tion (SRA) head Pablo Luis Azcona and signed by various groups, including the Confederat­ion of Sugar Producers Associatio­ns ( CONFED), the National Federation of Sugarcane Planters ( NFSP), and the Panay Federation of Sugarcane Farmers ( PanayFed), it has been pointed out that the proposed trading program is “inopportun­e.”

It added that the prevailing perception of farmers that millgate prices have dropped because of over-importatio­n and predatory pricing puts into serious question any program that suggests even more trader interventi­on and importatio­n.

“To insist on it would be adding insult to injury,” the Sugar Council said.

For his part, CONFED president Aurelio Gerardo Valderrama Jr. said they expressed an unequivoca­l objection to more sugar importatio­n.

He pointed out to the SRA that alternativ­es to the proposal have been on the table since early this year.

Valderrama refers to the interventi­on plan wherein the government will purchase sugar directly from local producers.

PanayFed president Danilo Abelita said they know very well that over- importatio­n got the sugar industry into the “mess” it is in today, and agreeing to more importatio­n is “suicidal.”

NFSP president Enrique Rojas also questioned the SRA as to why they cast aside the plan for government interventi­on.

Rojas argued that the SRA should not change horses midstream, adding t hat harvesting is almost done in many areas.

Newspapers in English

Newspapers from Philippines