PH may sell up to 200,000T sugar on top of US quota

Reuters

Posted at Jul 13 2011 01:41 PM | Updated as of Jul 13 2011 09:41 PM

MANILA, Philippines - Local sugar producers can export as much as 200,000 tons raw sugar to the world market this year on top of its US quota commitments, with local output of the sweetener expected to hit a three-year high, a senior government official said on Wednesday.

The Southeast Asian country would start selling raw sugar this month to Japan and Indonesia, with committed shipments of 35,892 tons, Rosemarie Gumera, manager at the policy and planning unit of the state agency Sugar Regulatory Administration, told Reuters.

The last time the Philippines exported sugar to markets other than the United States was during the crop year 2007/2008. It has a US quota commitment of more than 200,000 tons this year.