Circularizing the Price of Sugar at Millsite for Week-Ending March 13, 2016, as Provided by the Licensing and Monitoring Division, Regulation Department, Sugar Regulatory Administration (SRA)

March 23, 2016 REVENUE MEMORANDUM CIRCULAR NO. 040-16 SUBJECT : Circularizing the Price of Sugar at Millsite for Week-Ending March 13, 2016, as Provided by the Licensing and Monitoring Division, Regulation Department, Sugar Regulatory Administration (SRA) TO : All Internal Revenue Officers and Others Concerned For the information and guidance of all internal revenue officials, employees and others concerned, attached herewith, as Annex "A" hereof, is the Price of Sugar at Millsite for the Week-Ending March 13, 2016 provided to this Bureau by the Licensing and Monitoring Division, Regulation Department, Sugar Regulatory Administration (SRA) pursuant to Revenue Regulations No. 13-2015 dated October 12, 2015. All revenue officials and employees are enjoined to give this Circular as wide a publicity as possible. (SGD.) KIM S. JACINTO-HENARES Commissioner of Internal Revenue ANNEX A Republic of the Philippines Department of Agriculture Sugar Regulatory Administration Sugar Center Bldg., North Ave., Diliman, Quezon City Philippines 1101 TIN 000-784-336 Regulation Department-Q.C. Sugar Price at Millsite by Sugar Class For Week-Ending March 20, 2016 In Pesos per 50 Kilogram Bag Crop Year 2015-2016 Crop Year 2014-2015 20 March 2016 22 March 2015 Mill "A " "B" "C" "D" Composite "A" "B" "C" "D" Composite District Export Domestic Reserved World Price Export Domestic Reserved World Price 100% 100% 5% 95% 100% Philippines - 1,823.47 - 1,823.47 796.23 1,554.55 - - 1,516.63 771.67 1,573.75 - - - Luzon - 1,813.83 - - - NB NB - - - BATANGAS 1,850.00 770.00 1,550.00 - - - CARSUMCO 1,825.00 NB NB - - - DON PEDRO 1,808.00 NB 1,715.00 - - - PENSUMIL 1,760.00 NOP NOP - - - SWEET CRYSTALS 1,860.00 845.00 1,630.00 - - - (PORAC) TARLAC 1,780.00 700.00 1,400.00 - - - URC-SURE Balayan 805.21 1,541.27 - Negros - 1,875.05 - - 1,505.00 - - - BAIS (CAB) No Bidding 820.00 1,530.00 - - - BISCOM No Bidding 810.00 1,596.00 - - - FIRST FARMERS No Bidding - 1,550.00 - - - HAW-PHIL. CO. 1,910.10 NBP 1,485.00 - - - LA CARLOTA (CAC) No Bidding 822.89 1,555.00 - - - LOPEZ No Bidding 822.89 1,555.00 - - - OPTION-MPC - NBP 1,595.00 - - - SAGAY No Bidding 750.25 1,518.00 - - - URC-SONEDCO 1,840.00 Un-Awarded Un-Awarded - - - URC-TOLONG * No Bidding 1,505.00 - - - URSUMCO No Bidding - 1,560.00 - - - VICTORIAS No Bidding - - - - - Panay - - - - NBP NBP - - - CAPIZ No Bidding NBP NBP - - - CASA No Bidding NBP Un-Awarded - - - URC-PASSI I No Bidding - 1,591.41 - - - E. Visayas - 1,847.00 - - - NBP 1,530.00 - - - BOGO-MEDELLIN No Bidding - - - - - DURANO III - - 1,652.82 - - - HISUMCO 1,847.00 825.00 1,550.00 - - - Mindanao - 1,806.25 - - - NB NB - - - BUSCO 1,810.00 NB NB - - - COTABATO 1,800.00 NB NB - - - CRYSTAL 1,815.00 825.00 1,550.00 - - - DAVAO 1,800.00 * Per CL#5 Series of 2012 Prepared by: Certified Correct: (SGD.) MA. CAROLINA G. DUNTON (SGD.) LUISITO C. MALAGKIT Senior Sugar Prod. & Reg. Officer Chief Licensing & Monitoring Division Licensing & Monitoring Division Noted by: (SGD.) DAISY CORAZON N. FABIA Manager III Regulation Department