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Philippines may double sugar exports in 2011/12

The Philippines expects its sugar exports in the current crop year ending August 2012 to climb around 86% from a year ago with a forecast surplus in domestic supply, the industry regulator said on Thursday.

More than a fourth, or 672,000 tons, of the Philippines\’ projected raw sugar output of 2.4 million tons in the 2011/2012 crop year can be sold to the United States and other countries, Regina Bautista-Martin, chief of state agency Sugar Regulatory Administration (SRA), told Reuters.

The country\’s total US quota and non-US quota exports committed during the 2010-2011 crop year was around 362,000 tons

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