MANILA -- Sugar retailers said they will be forced to stop selling sugar if it will be sold at the current price.
The Sugar Regulatory Administration (SRA) announced though that as the country enters the peak milling season, it will have adequate supply of sugar.
The Department of Trade and Industry (DTI) earlier imposed a price ceiling on refined sugar at P38 per kilo, based on the prevailing retail price before a state of calamity was declared in Luzon.
The P38 price, however, is based on the buying price as of September 6, 2009. (Glaiza Jarloc/Sunnex)