Prices of domestic or “B” sugar recovered this week after hovering just above P1,000 per 50-kilo Lkg. level a week ago based on the price monitor record from the Sugar Master Plan Foundation.

Price ranged from P1,012 to P1,051.89 at the Feb. 7 bidding, an improvement from last week's P1,008 to P1,045.55.

PASSI I sold its “B” sugar at P1,051.89 or P6.34 higher than the P1,045.55 last week while Victorias Milling Company, Lopez Sugar Corp. sold its stocks at P1,021.

Binalbagan Isabela Sugar Company climbed to P1,021.57 (high) and P1,015 (low) from last week's P1,008.10; Central Azucarera de la Carlota, P1,022.60 (high) and P1,012 (low); Hawaiian Philippine Company P1,034.65 (high) and P1,031.03 (low); SONEDCO P1,021 (high) and P1,018 (low);

SONEDCO sold its “B” stocks at P1,021 (high) and P1,018 (low); CADP, P1,038 (high) and P1,012 (low); BUSCO at P1,020; PASSI II, P1,045.50; Capiz P1,034.65; and Bais, P1,022 (high) and P1,013.78 (low).

Sagay Central Inc. and Dacongcogon did not participate in this week's bidding.*NAB

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