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| James Ledesma.* |
The Sugar Board yesterday approved a special allocation
of B2 sugar to ensure that cheap supply can be made available to
the poor through National Food Authority rolling stores.
Sugar Regulatory Administrator James Ledesma said B2 requires
the allocation of one half percent of the country's sugar production
as reserve sugar to be sold to the NFA at P950 per Lkg. so that
it will have a retail price of below P30 per kilo.
The B2 allocation is in response to the rising millgate prices
of sugar that last week reached a high of P1, 407 per Lkg, Ledesma
said.   
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