Price drop upsets sugar alliance

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Sunday, May 7, 2017
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BACOLOD City – The Sugar Alliance of the Philippines is upset. The composite price of sugar per 50-kilo bag dropped to P1,200 from P1,250.

The alliance is “very much worried” with the sugar industry’s fate in the succeeding crop year, said the group’s spokesperson Emilio Yulo III.

He urged Negrenses to help sustain the boycott of beverage firms using high fructose corn syrup (HFCS) as alternative sweetener.

Industry stakeholders attributed the decrease in sugar prices to the unregulated importation of HFCS, prompting the Sugar Regulatory Administration to issue Sugar Order No. 3 regulating the entry of the commodity, a move questioned by Coca-Cola Femsa Philippines in court.

Last April 18, the Senate committee on agriculture, and trade, commerce and entrepreneurship conducted a hearing on the impact of increasing importation of HFCS.

This May 16, the House committee on agriculture and food will also conduct an inquiry in aid of legislation on the impact of the importation, use and sale of HFCS on the sustainability of the sugar industry.

Yulo urged Negrense lawmakers to support the sugar industry during the congressional hearing.

In support of sugar industry, protest against Coca-Cola’s use of HFCS, local government units in Negros Occidental holding their fiesta celebrations have banned the sale of Coke products.

Among these is Pontevedra town which is prohibiting the sale of Coke products for the duration of its Handurayo Festival and annual town fiesta from May 4 to 9.

Other Negros local governments that joined the boycott included Hinigaran town, during the Hinugyaw Festival from April 20 to 30, and La Carlota City, during the Pasalamat Festival from April 24 to 30.

Isabela town also prohibited the sale of Coke products during its town fiesta on April 19 to 22.

Gov. Alfredo Marañon Jr. was the first to declare the ban of Coke products in this year’s Panaad sa Negros Festival from April 22 to 30 in Bacolod City. (PNA/PN)

 

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