About 4,000 metric tons (MT) of smuggled sugar will soon be sold in all Kadiwa outlet nationwide once approved, the Sugar Regulatory Administration (SRA) said on Wednesday.
During the Laging Handa public briefing, newly-appointed SRA acting Administrator and Chief Officer (CEO) Luis Paul Azcona said the seized sugars will be sold for ₱70 per kilo.
"Meron pa tayong naiiwan na nahuli na mga almost, I think, 6,000. Mare-release rin po iyon once proven safe and approve na po for donation po for Kadiwa [stores]," he added.
Apart from Kadiwa outlets, Azcona said they are also mulling to sell smuggled sugars in some supermarkets and groceries, and these will be priced the same as Kadiwa price.
"'Yung logistics, 'yun ang inaayos namin for the past few days para ma-repack at ma-distribute sa mga palengke," he said.
The SRA Admin said guidelines on the sale of the confiscated sugar will be issued to guarantee that there will be no overpricing.
Latest price monitoring from the Department of Agriculture (DA) as of May 3 showed that the price of refined sugar ranges from ₱86 to ₱110 per kilo.
