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Bacolod City, Philippines Saturday, March 11, 2006
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Sugar prices drop
below P1,200/Lkg

Millgate prices of "B" or raw sugar eased further at the bidding on Thursday, declining below P1,200 per Lkg. after hitting the record-high more than P1,300 per Lkg last month.

Last week's prices ranged between P1,205 and P1,285 per Lkg. while this week, between P1,185 and P1,255, price monitor shows.

BISCOM sold its "B" sugar stocks at P1,220.08 (high) and P1,206.25 (low); Central Azucarera de La Carlota, P1,242 (high) and P1,230 (low); Hawaiian-Philippine Company, P1,255.20 (high) and P1,245.48 (low);

SONEDCO, P1,205; Lopez, P1,195 (high) and P1,185 (low); Sagay Central Inc., P1,200; CADP, P1,230; Busco, P1,205; Passi I, P1,236.40; Passi II, P1,218.31; and Pilar, P1,222.*NLG

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