[ SRA CIRCULAR LETTER NO. 20, February 13, 1997 ]

THE 'B-1' OR FOOD PROCESSORS'/EXPORTERS SUGAR ALLOCATED FOR PHILFOODEX



Pursuant to Sugar Order No. 1-B, Series of 1996-1997, dated 14 January 1997, the following guidelines are hereby promulgated for the information and guidance of all concerned regarding the allocation for crop year 1996-1997 of 'B-1' or Food Processors'/Exporters' Sugar for the use of Philfoodex, to wit:

I

Submission of 'B-1" Quedan-Permits to the SRA

1.         Photocopies of the 'B-1' quedan-permits issued by the mills in a consolidated form on a weekly basis, shall be transmitted to the SRA in the following manner to wit:

a.    Photocopies of the 'B-1' quedan-permits issued by the mills in Luzon shall be transmitted weekly by the mill representatives to the Production Control and Regulation Office (PCRO), SRA, Quezon City.

b.    Photocopies of the 'B-1' quedan-permits issued by the mills in Negros, Panay, East/Central Visayas and Mindanao shall be transmitted weekly by the mill representatives to the Office of Manager III, SRA, Bacolod City, said Office in turn shall transmit weekly the aforementioned photocopies to the Production Control and Regulation Office, SRA, Quezon City.

II

Dissemination of the Holders of the B-1 Quedan-Permits and the Landed Cost of Imported Sugar to Philfoodex

1.         The PCRO shall, on a weekly basis, generate list of holders of 'B-1' quedan-permits and their corresponding sugar productions, by mill company by planters' association/cooperative, said list shall be provided to PHILFOODEX, likewise, on a weekly basis, attached thereto for a given week the weekly averages of the prevailing daily World Market prices of sugar as monitored and computed also, by PCRO.

III

Procurement of the 'B-1' Quedan-Permits by PHILFOODEX

The PHILFOODEX, after having provided with the list of holders of 'B-1' quedan-permits and the list of weekly averages of the World Market price of raw sugar by the SRA, shall procure, on their own initiative, the 'B-1' quedan-permits at a price the PHILFOODEX and holders of said 'B-1' quedans shall agree upon, which is the landed cost of imported sugar (tariff free) per Lkg-Bag, based on the aforementioned average of the prevailing daily World Market prices computed weekly, plus Fifty Pesos (P50.00) per Lkg-Bag, pursuant to said Sugar Order No. 1-A, Series of 1996-1997, dated 15 November 1996.

This Circular Letter shall take effect immediately.

Adopted: 13 Feb. 1997

(SGD.) WILSON P. GAMBOA
Administrator