The Philippine Chamber of Food Manufacturers Inc. said Thursday it fully supports the decision of the Sugar Regulatory Administration to allow the importation of 200,000 metric tons of refined sugar by food manufacturers for crop year 2021-2022 as stated in Sugar Order No. 3.
“Due to the current local shortage of refined sugar that conforms with the quality requirements of food manufacturers, particularly premium and bottler’s grade refined sugar, we join the SRA in its assessment that there is an urgent need for such importation,” PCFMI said in a statement.
The chamber, organized in 1959 by leading food and beverage producers, is the most recognized voice of the food manufacturing industry in the country. With 107 members, it represents companies engaged in the local manufacturing and distribution of essential commodities such as milk, coffee, bakery products and noodles.
Several members of the group warned that their stock of refined sugar will be exhausted by March.