Section 5 of Sugar Order No. 2, Series of 1996-1997, dated 15 October 1996 is hereby amended with the extension of the deadline of application for export to fill up the U.S. Sugar Quota for the Second Quarter of Quota Year 1996-1997, from 31 October 1996 to 15 November 1996.

Likewise, for the purpose of transparency, it is hereby published the names of sugar exporters with their corresponding verified volumes of sugar to be exported as their allocations for the said Second Quarter shipment, whose applications for export had met the 31 October 1996 deadline, to wit:

Name of Exporter

Volume of Sugar (M.T.)

      1. All Asian Countertrade Inc.

1,511.36

    2. La Carlota

2,247.21

    3. La Perla Sugar Export Corp.

538.09

    4. Lopez Sugar Corp.

2,136.92

    5. North Negros Mktg. Co., Inc.

2,650.38

    6. Sucrex Mktg. Corp.

857.15

    7. Sugar Phils., Inc.

6,436.50

    8. Southwind Sugar Corp.

588.43

    9. SONEDCO

4,189.72

  10. Vision Royal

1,010.90

     

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TOTAL

22,166.66

     

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The aforementioned exporters shall be the one to undertake the actual shipment of the sugar using the same quedan-permits as verified by the SRA, otherwise, the SRA shall forfeit the allocations granted these exporters in the event other parties shall do the export using the said verified quedan-permits.

The remaining balance of 30,746.14 M.T. of the total volume of sugar allocated  for the Second Quarter shall be pro-rated among exporters who shall apply within the said extension period.

This Circular Letter shall take effect immediately.

Adopted: 5 Nov. 1996

(SGD.) WILSON P. GAMBOA
Administrator