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Bacolod City, Philippines Saturday, March 24, 2007
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'B' sugar prices hold
steady above P1,000

Prices of domestic or "B" sugar held steady this week, still hovering above P1,000 per 50-Lkg levels, data from the Sugar Master Plan Foundation show.

This week's prices ranged from P1,043.76 to P1,120 per Lkg. while the previous week's, between P1,070 and P1,333 per Lkg. Although the price range dropped this week, there were other mill districts whose current prices are higher than last week's. Victorias Milling Company and Lopez Sugar Corp. sold its stocks at P1,085 per Lkg this week, up from P1,080 last week while Central Azucarera Don Pedro, also up to P1,120 per Lkg this from the previous week's P1,110.

Binalbagan-Isabela Sugar Company disposed its stocks this week at P1,082 (high) and P1,077 (low), for a total volume of 14,719.53 Lkgs. ; Central Azucarera de La Carlota, P1,094.38;

Hawaiian-Philippine Company, P1,115.80 (high) and P1,115.75 (low), 17,200.45 Lkgs.; SONEDCO, P1,072, 7,323.59 Lkgs.; BUSCO, still P1,070; and Bais P1,061.74 (high) and P1,043.76.*NLG

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'B' sugar prices hold steady above P1,000