Food industry globally is focusing prominently on natural sweeteners instead of artificial white and refined sugar
. This has created a rising demand for refined sugar
substitutes such as brown sugar, Date sugar and Palm sugar.
The Company is engaged in the manufacturing and marketing of refined sugar
, molasses, ethanol, liquid carbon dioxide, household textiles and providing bulk storage facilities.
Sugar Order (SO) 5 showed that industrial users and end-users could now import as much as 250,000 MT of either standard grade refined sugar
or bottlers' grade refined sugar
The brand steers clear of ingredients such as refined sugar
, agave, dairy, gluten, soy, preservatives and GMOs.
Two other shipments were declared as red beans but contained 5,300 sacks of refined sugar
, worth P9.6 million.
In an earlier interview with the BusinessMirror, he pegged P2,000 per 50-kilogram bag for refined sugar
as a reasonable price range that should keep food processors competitive.
The prices of products and services which may go up include milk powder, raw sugar and refined sugar
, natural honey, olive oil, smart phone, telecom equipment, services provided through mobile phone SIM/SIM card, ice cream, soybean oil, palm oil, sunflower oil, mustard oil, cigarette, bidi, zarda and gul, palm nuts or kernel, optical fibre cable, pebbles broken stone, particle board, plastic and aluminum items, fare of chartered aircraft and helicopter, astrologists' and marriage media services.
Apart from Batangas, it has mills in Iloilo, Negros Oriental, Negros Occidental, and Cagayan which produce raw sugar, refined sugar
and molasses used by other Universal Robina business segments and third parties.
Deputy Minister of Domestic Trade and Consumer Affairs Chong Chieng Jen today said that the price of refined sugar
is expected to be cheaper in the state after the ministry approved a food and beverages (FandB) manufacturing company the licence to import of raw sugar.
The factory - one of several in Oman's pipeline - will produce more than 900,000 tonnes (t) of refined sugar
Another measure was to notify Sugar Price (Control) Order, 2018 under Essential Commodities Act, 1955 to fix minimum selling price of refined sugar
at the mill gate below which no white sugar can be sold and delivered by a sugar mill in the domestic market.