Sugarcane planters worried over declining millgate pricesThe warning, which was contained in a position paper submitted by the Confederation of Sugarcane Producers Association Inc. (CONFED), was aired by former Sugar Regulatory Administration (SRA) chief Rafael Coscolluela during a public consultation conducted by the Senate and House of Representatives on Friday in Talisay City. BACOLOD CITY, Philippines — Sugar stakeholders in Negros Occidental have expressed alarm over the declining millgate prices of sugar and mollasses, saying the industry’s foregone revenues may exceed P20 billion in June if the problem is not addressed properly. CONFED blamed the drastic decline in millgate prices to over-supply of imported refined sugar, large inventories of raw sugar, unchecked molasses importation and unregulated entry of sugar substitutes. From October to December last year, the decline in the millgate prices resulted in foregone revenues of P5.3 billion from sugar sales, and P1.73 billion from molasses sales or a total of P7.28 billion. “This public consultation will be used for our official inquiry in aid of legislation.

Source: Philippine Star January 24, 2026 16:34 UTC