Philippine Ships 100,662 MT of raw sugar to China, Japan

Traders shipped 100,662.51 metric tons (MT) of raw sugar to China and Japan as part of efforts to reduce the country’s sugar inventory. The volume is part of the 140,000 MT of sugar that Philippine traders would export to countries other than the United States by the end of November. Shipping 140,000 MT of ‘D” sugar would help reduce the country’s sugar inventory and improve domestic prices during the current crop year, which began on September 1.