THE United Sugar Producers Federation (Unifed), the country’s largest independent sugar planters’ group, asked government agencies to step in amid suspicions that some traders were behind a big drop in sugar mill prices.
“We urge the Department of Agriculture (DA) and Sugar Regulatory Administration (SRA) to intervene as soon as possible and to unmask the culprits who are playing us,” Unifed President Manuel Lamata said in a statement, pointing out an average loss of P100 per 50-kilogram bag due to artificial pricing by some traders.
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