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Millgate prices of domestic sugar continue to climb, based on
results of the bidding on Thursday, with most districts hitting
the P1,300 per Lkg mark.
Sugar industry players said this is an indication that market
forces have maintained their pressure on sugar buying and boosted
the bid price of raw sugar eventhough "A" sugar prices went down
slightly in some instances.
This week, prices of "B" sugar range from P1,260 to P1,340
per Lkg while last week, from only P1,180 to P1,245 per Lkg.
Price monitor shows that under the VMC mill district, both
associations of VMC and VIMACA sold its "B" sugar at P1,260 per
Lkg; HPCO, Unifed, "A" at P1,165.90, "B," P1,340, and molasses,
P6,285 while AHSSI/APSSI, "A," P1,165.90, "B," P1,325.75 and molasses,
P6,285;
Central Azucarera de La Carlota, Unifed, "A," P1,155 and "B,"
P1,330; AALCPI, "A," P1,165, "B," P1,318 and molasses, P6285;
SONEDCO's Kabilog, Sonepa, SPDA, CASPLA and Sonaremco, "B,"
P1,306.98 and molasses, P6,165.50; BISCOM, Ipobi, "A," P1,126.18
and molasses, P6,338; BIPA, "A," P1,30.90 and "B," P1,320.80 and
P1,328.90, DOLE, "A," P1,152.55, "B," P1,277;
Sagay Central Inc., Northern Negros, "A," P1,129 and "B," P1,270;
ANAPI, "A," P1,129, "B," P1,260; LSC, INEPI, "A," P1,134, "B," P1,261;
Passi I, "A," P1,125 and "B," P1,335; Passi II, "A," P1,125 and
"B," P1,330; and Pilar, "A," P1,140 and "B," P1,330.*RLE/NLG
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