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New SRA chief to prioritize stable sugar prices, supply

New SRA chief to prioritize stable sugar prices, supply

SUGAR BOARD The new board members of the Sugar Regulatory Administration (from left) millers representative Ma. Mitzi Mangwag, Acting Administrator David Alba and planters representative Pablo Luis Azcona. PHOTO BY CARLA GOMEZ

Following the appointment of its new leader, the Sugar Regulatory Administration (SRA) is expected to prioritize and address various matters concerning the sugar industry which includes stabilizing retail prices and domestic supply amid the imminent El Ni帽o threat.

President Marcos has appointed Pablo Luis Azcona as the acting administrator and chief executive officer of the SRA, Malaca帽ang announced on Friday.

The Presidential Communications Office said Azcona, a former SRA board member, was appointed on April 20, 2023.

Azcona鈥檚 appointment came almost a month after the resignation of SRA administrator David John Thaddeus Alba due to his 鈥渨orsening health.鈥

The first item that the agency intends to address is setting the suggested retail price (SRP) of retail sugar at P85 per kilogram, according to Azcona.

鈥淲e want to maintain an SRP of P85 [per kilogram] in the retail [market]. That鈥檚 the first most important thing we will do,鈥 Azcona said in a Zoom interview.

As of Friday, refined sugar in Metro Manila retails from P86 to P110 per kg compared to only P70 per kg a year ago, based on the Department of Agriculture鈥檚 (DA) price monitoring.

The last time the DA implemented an SRP for agricultural goods was in November 2020 when the suggested price is P50 per kg for refined sugar and P45 per kg for brown sugar.

Another is exploring ways to extend all the necessary support to the farmers to help them brace for the potential impact of El Ni帽o on sugar production.

Azcona said the agency is reviewing all the projects under the Sugarcane Industry Development Act to overcome the challenges brought about by the phenomenon.

鈥淲e鈥檙e figuring out how to help the farmers more and last is to keep the DA secretary, Malaca帽ang updated [about] what鈥檚 the situation on the ground, how are the retail prices, how are the farm-gate prices,鈥 he said.

But Sen. Risa Hontiveros has continued to question the legality of the controversial SRA order which authorized the importation of 440,000 metric tons of refined sugar.

On Friday, Hontiveros said Malaca帽ang has willingly allowed certain state agencies to become 鈥渟mugglers鈥 when it authorized the release of imported sugar that entered the country without the mandated documentation.

READ: Retailers blamed for sugar prices

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