The sugar industry will die if it is true that beverage firms are continuing to import High Fructose Corn Syrup as substitute for cane sugar despite Sugar Order No. 3, Manuel Lamata, president of the United Sugar Producers' Federation of the Philippines, said yesterday.
Lamata was reacting to reports received by the DAILY STAR that 2 beverage firms continue to import HFCS. Import papers allegedly show that 37,900MT of HFCS was imported, landed and released for October and that there are November landings aswell.
Sugar Order Number 3 issued earlier this year grants the regulation of the release of imported High Fructose Corn Syrup and chemically pure fructose into the country.
If the importation of HFCS is true then this is very bad for the industry because milling season is in full swing and that is why prices are down to P1,200 per Lkg, Lamata said.
The industry will die. We will have this investigated and we will file the proper charges in due time, he added.*CPG
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