The Philippines has banned the importation of bioethanol feedstock, including molasses and other sugar products, the Sugar Regulatory Administration (SRA) announced, as reported by Philstar Biz.
The ban aims to protect the domestic sugar industry and ensure sufficient supply for local consumption. Authorities have not specified the duration of the import prohibition, which covers raw materials used in ethanol production.
The move comes amid concerns over sugar availability and pricing, as the Philippines relies on imports to supplement local production. The SRA statement did not detail any exceptions or transition measures for affected stakeholders.