PHILIPPINE raw sugar production will likely remain flat in marketing year (MY) 2025-2026 at 2.09 million metric tons (MMT), according to the US Department of AgriculturePHILIPPINE raw sugar production will likely remain flat in marketing year (MY) 2025-2026 at 2.09 million metric tons (MMT), according to the US Department of Agriculture

PHL raw sugar output seen flat at 2.09 MMT

PHILIPPINE raw sugar production will likely remain flat in marketing year (MY) 2025-2026 at 2.09 million metric tons (MMT), according to the US Department of Agriculture (USDA).

In a report, the USDA said sugar output during the MY, which runs between September 2025 and August 2026, is expected to match production levels recorded in the previous MY. The forecast represents a 12.7% increase from the USDA’s May estimate of 1.85 MMT.

The USDA also upgraded its production total for MY 2024–2025, raising it to 2.09 MMT .

Philippine production in MY 2024-2025 benefited from higher-yielding crop varieties, better soil health, and improved irrigation,” the USDA said.

Global production for the current MY is estimated to increase 4.58% to 189.26 MMT.

Meanwhile, human consumption of sugar in the Philippines is projected to rise 3.29% from the previous MY to 2.20 MMT.

Global human consumption is expected to increase 1.33% to 178.11 MMT.

The USDA also projected Philippine sugar end-of-year stocks to rise 9.7% to 1.05 MMT by the end of the current MY.

Global ending stocks are expected to hit 44.53 MMT by the end of the current MY, up 5.05%. — Vonn Andrei E. Villamiel

Market Opportunity
PHILCOIN Logo
PHILCOIN Price(PHL)
$0,02341
$0,02341$0,02341
+%1,60
USD
PHILCOIN (PHL) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

BlackRock boosts AI and US equity exposure in $185 billion models

BlackRock boosts AI and US equity exposure in $185 billion models

The post BlackRock boosts AI and US equity exposure in $185 billion models appeared on BitcoinEthereumNews.com. BlackRock is steering $185 billion worth of model portfolios deeper into US stocks and artificial intelligence. The decision came this week as the asset manager adjusted its entire model suite, increasing its equity allocation and dumping exposure to international developed markets. The firm now sits 2% overweight on stocks, after money moved between several of its biggest exchange-traded funds. This wasn’t a slow shuffle. Billions flowed across multiple ETFs on Tuesday as BlackRock executed the realignment. The iShares S&P 100 ETF (OEF) alone brought in $3.4 billion, the largest single-day haul in its history. The iShares Core S&P 500 ETF (IVV) collected $2.3 billion, while the iShares US Equity Factor Rotation Active ETF (DYNF) added nearly $2 billion. The rebalancing triggered swift inflows and outflows that realigned investor exposure on the back of performance data and macroeconomic outlooks. BlackRock raises equities on strong US earnings The model updates come as BlackRock backs the rally in American stocks, fueled by strong earnings and optimism around rate cuts. In an investment letter obtained by Bloomberg, the firm said US companies have delivered 11% earnings growth since the third quarter of 2024. Meanwhile, earnings across other developed markets barely touched 2%. That gap helped push the decision to drop international holdings in favor of American ones. Michael Gates, lead portfolio manager for BlackRock’s Target Allocation ETF model portfolio suite, said the US market is the only one showing consistency in sales growth, profit delivery, and revisions in analyst forecasts. “The US equity market continues to stand alone in terms of earnings delivery, sales growth and sustainable trends in analyst estimates and revisions,” Michael wrote. He added that non-US developed markets lagged far behind, especially when it came to sales. This week’s changes reflect that position. The move was made ahead of the Federal…
Share
BitcoinEthereumNews2025/09/18 01:44
SICAK GELİŞME: Binance, Üç Altcoini Vadeli İşlemlerde Listeliyor!

SICAK GELİŞME: Binance, Üç Altcoini Vadeli İşlemlerde Listeliyor!

Kripto para borsası Binance, ZKP, GUA ve IR tokenlerini vadeli işlemler platformunda listeleyeceğini açıkladı. *Yatırım tavsiyesi değildir. Kaynak: Bitcoinsistemi
Share
Coinstats2025/12/21 16:41
USDC Treasury mints 250 million new USDC on Solana

USDC Treasury mints 250 million new USDC on Solana

PANews reported on September 17 that according to Whale Alert , at 23:48 Beijing time, USDC Treasury minted 250 million new USDC (approximately US$250 million) on the Solana blockchain .
Share
PANews2025/09/17 23:51