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Bacolod City, Philippines Monday, August 24, 2020
Confed calls for higher US sugar quota

The Confederation of Sugar Producers (Confed) is pushing to increase the allocation of sugar intended for the US market by a percentage higher than last year’s quota to balance the supply in the country that is projected at 2.190 million metric tons for crop year 2020-2021 from last year’s production of 2.145 million MT.

In their position paper submitted to the Sugar Regulatory Administration, Confed is pushing for a 6 percent allocation for “A” and 94 percent for “B” or domestic sugar.

It added that there is no need for any “A” sugar replenishment in the coming crop year and that early swap must come from sugar produced in the same crop year. Any “A” replenishment for CY 2019-2020 must be done by September 30, 2020, a press release said.

Noneco electricity rates down, too
BY MARCHEL P. ESPINA

The Northern Negros Electric Cooperative announced that its rates this August have decreased by P0.2180 per kilowatt hour (kWh).

Paul Almedelia, Noneco corporate planning department manager, said the residential rates for this month’s billing is P9.7611 per kWh from P9.9791 per kWh in July.

The lower rates were attributed to the P0.2495 per kWh decrease in the generation charge and P0.0123 per kWh drop in other charges, such as the value-added tax, he said.

 


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ButtonConfed calls for higher US sugar quota
ButtonNoneco electricity rates down, too
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