[ SRA SUGAR ORDER NO. 1-A, s. 1993-1994, January 18, 1994 ]

REVISED SUGAR POLICY FOR CY 1993-1994



WHEREAS, field survey reports on the extent of the damage to sugarcane crops and sugar stocks wrought by Typhoon œPuring  which passed through Negros and Panay on December 26, 1993 have been collated by the SRA;

WHEREAS, current domestic sugar consumption figures indicate an upward trend for the crop year 1993-1994;

WHEREAS, in view of the foregoing factors and in the national interest, there is a need to increase the reserve sugar stock;

NOW, THEREFORE, under and by virtue of the powers vested in the Sugar Regulatory Administration, it is hereby ordered:

SECTION 1.       The percentage allocations for the various classes of sugar under Section 1 of Sugar order No. 1, Series of 1993-1994, dated August 25, 1993, are hereby revised.

All sugar production for the Crop Year 1993-1994 beginning on January 17, 1994 shall be issued weekly quedan-permits by mill companies in the following classifications and percentages:

œA  or US Quota sugar - 5.00% œB  or Domestic sugar - 45.00% œC  or Reserve sugar - 32.00% œD  or World Market sugar - 18.00%

SECTION 2.      All other provisions of the aforesaid Sugar Order No. 1, Series of 1993-1994, shall remain in full force and effect.

Adopted: 18 Jan. 1994

BY AUTHORITY OF THE SUGAR BOARD:

(Sgd.) RODOLFO A. GAMBOA
Administrator