Sapat na suplay ng asukal sa kabila ng banta ng El Niño, tiniyak ng SRA

Transcript

00:00 The Sugar Regulatory Administration of SRA is aware of the possible effects of El Niño on the production of sugar in the country.

00:08 According to Administrator Pablo Luis Ascona of SRA,

00:12 sugar production in the province of El Niño could drop from November to the next year.

00:19 However, Ascona said that they will have to wait for a buffer stock of sugar that will last for two months.

00:26 Meanwhile, the farm gate price of sugar remains at Php 60, which means that the price of each kilo in the market is Php 85 to Php 110.

00:37 "The expected forecast of El Niño is November to January.

00:45 So we will monitor the severity of this and we will see if it will bring about a decrease on the estimated production or not."

00:53 "For now, our push is to improve production.

00:57 Since the farm gate price stabilized, we have seen an increase in area in various places, which is a good sign."

01:07 [MUSIC PLAYING]