Consumer Staples Jun 24, 2022 11:39 PM (GMT+8) · EqualOcean
The Philippine sugar authority warned that the shortage of sugar supply in the Philippines was further aggravated, and sugar was running out. Affected by typhoon and bad weather, the raw sugar production of the Philippines this year was hit. As of June 17, the average retail price of refined sugar in the capital Manila supermarket was about 9 yuan per kilogram, an increase of nearly 39% compared with the same period last year.