The Philippines issued Sugar Order No. 5 (SO5) announcing the importation of 240,000 metric tons (MT) of refined sugar, the first sugar import program for marketing year (MY) 2024-2025 which starts in September 2024 and ends in August 2025.
The Philippines is set to resume raw sugar exports to the United States under its sugar quota in August 2024. The Sugar Regulatory Administration (SRA) issued Sugar Order (SO) No. 3 on July 26, approving the export of 25,300 metric tons raw value (MTRV) of raw sugar in fulfillment of the United States tariff rate quota (TRQ) allocation for fiscal year 2024.