MONTHLY AVERAGE SUGAR PRICES IN METRO MANILA

Crop Year 2009-2010

Period WHOLESALE (Peso per LKg) RETAIL (Peso per Kilo)

Raw Washed Refined Raw Washed Refined

September '09 1,331.50 1,462.64 1,742.28 30.35 33.47 37.61

October 1,411.20 1,548.48 1,847.32 30.48 33.94 38.16
November 1,444.22 1,626.00 1,932.86 30.90 34.86 39.15
December 1,541.51 1,720.13 2,095.47 33.67 36.47 43.82

January 2010 1,871.45 2,025.25 2,393.73 37.84 40.22 46.65

February 1,973.80 2,159.88 2,492.44 43.87 46.83 52.84
March 1,827.34 2,030.30 2,264.84 44.41 47.36 52.95
April 1,825.31 2,014.69 2,227.08 44.13 47.12 52.06
May 1,818.48 2,019.03 2,252.59 43.73 46.70 51.30
June 2,056.50 2,250.75 2,539.84 44.05 46.82 51.24
July 2,217.44 2,375.25 2,618.87 46.20 49.32 52.18
August 2,373.75 2,521.88 2,721.63 49.76 52.27 54.33

Average 1,807.71 1,979.52 2,260.75 39.95 42.95 47.69

MONTHLY AVERAGE SUGAR PRICES IN METRO MANILA

Crop Year 2008-2009

Period WHOLESALE (Peso per LKg) RETAIL (Peso per Kilo)

Raw Washed Refined Raw Washed Refined

September '08 1,190.62 1,393.11 1,606.19 30.45 34.14 37.97

October 1,150.16 1,322.81 1,525.92 30.60 33.90 37.89
November 1,113.20 1,327.97 1,507.73 30.54 33.69 37.71
December 1,065.54 1,307.71 1,476.79 30.28 33.75 37.26

January '09 1,113.10 1,329.11 1,542.03 30.15 33.57 37.26

February 1,128.28 1,329.75 1,546.87 30.03 33.42 37.12
March 1,124.88 1,333.67 1,538.69 30.09 33.25 37.03
April 1,115.00 1,322.30 1,525.00 29.86 32.96 36.85
May 1,123.91 1,318.33 1,534.38 29.45 32.73 36.47
June 1,200.42 1,394.52 1,631.66 29.45 32.60 36.58
July 1,206.67 1,385.83 1,631.47 29.71 32.85 36.83
August 1,277.39 1,419.42 1,705.71 29.67 32.91 36.80

Average 1,150.76 1,348.71 1,564.37 30.02 33.31 37.15

 MONTHLY AVERAGE SUGAR PRICES IN METRO MANILA
Crop Year 2007-2008

Period WHOLESALE (Peso per LKg) RETAIL (Peso per Kilo)

Raw Washed Refined Raw Washed Refined

September '07 1,186.07 1,363.44 1,551.28 30.00 32.21 35.78

October 1,343.64 1,531.10 1,736.00 31.50 34.20 37.50
November 1,213.68 1,466.88 1,608.41 32.35 35.22 38.43
December 1,174.27 1,427.19 1,573.70 31.94 34.64 37.87

January '08 1,135.77 1,399.59 1,545.50 31.66 33.97 37.67

February 1,125.72 1,366.39 1,537.50 31.19 33.98 37.03
March 1,185.16 1,422.27 1,616.48 30.83 34.04 37.02
April 1,261.60 1,481.62 1,704.80 31.18 34.10 37.55
May 1,261.56 1,482.98 1,716.95 30.97 34.08 37.93
June 1,281.18 1,493.81 1,736.82 31.00 34.57 38.23
July 1,243.99 1,463.08 1,719.89 30.80 34.32 38.30
August 1,236.53 1,414.61 1,676.05 30.71 34.09 38.20

Average 1,220.76 1,442.75 1,643.62 31.18 34.12 37.63

MONTHLY AVERAGE SUGAR PRICES IN METRO MANILA

Crop Year 2006-2007

Period WHOLESALE (Peso per LKg) RETAIL (Peso per Kilo)

Raw Washed Refined Raw Washed Refined

September '06 1,342.36 1,521.00 1,716.16 32.39 35.42 38.73

October 1,250.32 1,386.39 1,572.26 32.30 35.40 38.58
November 1,127.05 1,334.12 1,477.30 31.90 35.06 38.48
December 1,109.19 1,293.21 1,510.51 31.29 34.29 37.63

January '07 1,189.81 1,375.28 1,604.84 30.53 33.13 36.33

February 1,198.22 1,346.04 1,564.01 30.60 32.85 36.37
March 1,214.70 1,358.00 1,560.47 30.54 33.29 36.36
April 1,193.05 1,356.25 1,547.70 30.51 33.13 36.34
May 1,195.89 1,345.09 1,564.39 30.35 32.69 36.15
June 1,166.80 1,350.27 1,541.58 30.35 32.39 35.99
July 1,149.83 1,332.68 1,539.57 30.25 32.19 35.83
August 1,167.86 1,351.43 1,567.31 30.27 32.69 36.10

Average 1,192.09 1,362.48 1,563.84 30.94 33.54 36.91

 MONTHLY AVERAGE SUGAR PRICES IN METRO MANILA
Crop Year 2005-2006

Period WHOLESALE (Peso per LKg) RETAIL (Peso per Kilo)

Raw Washed Refined Raw Washed Refined

September '05 999.11 1,082.63 1,380.95 24.01 25.72 30.63

October 1,056.43 1,209.17 1,406.74 24.18 26.02 30.60
November 1,021.00 1,158.13 1,386.30 24.76 27.21 31.41
December 1,060.39 1,185.31 1,438.72 25.02 27.66 31.38

January ' 06 1,298.88 1,506.06 1,743.47 27.18 29.82 34.48

February 1,354.86 1,560.00 1,817.14 31.96 34.86 39.51
March 1,349.41 1,495.68 1,701.79 31.73 34.45 39.02
April 1,352.59 1,499.02 1,711.43 31.35 33.88 38.34
May 1,351.40 1,550.74 1,703.02 31.24 34.22 38.24
June 1,393.36 1,571.79 1,737.23 31.75 34.67 38.73
July 1,424.97 1,590.71 1,750.99 32.08 35.03 38.50
August 1,395.36 1,586.36 1,741.11 32.11 35.05 38.50

Average 1,254.81 1,416.30 1,626.57 28.95 31.55 35.78

MONTHLY AVERAGE SUGAR PRICES IN METRO MANILA

Crop Year 2004-2005

Period WHOLESALE (Peso per LKg) RETAIL (Peso per Kilo)

Raw Washed Refined Raw Washed Refined

September '04 832.00 1,055.00 1,153.65 22.44 25.37 26.84

October 846.49 1,055.00 1,156.47 22.43 25.37 26.82
November 814.79 1,028.75 1,168.92 22.49 25.89 26.82
December 802.00 940.00 1,182.33 22.66 25.56 27.12

January '05 810.43 975.42 1,197.93 22.24 25.04 26.95

February 856.93 962.19 1,228.03 22.37 25.23 26.88
March 894.58 979.97 1,296.17 22.48 25.12 27.18
April 913.72 985.73 1,314.47 23.05 25.41 29.19
May 967.57 1,046.67 1,324.26 23.48 25.55 29.34
June 996.67 1,089.96 1,355.42 23.19 25.38 29.25
July 1,030.42 1,126.88 1,387.62 23.88 25.27 30.20
August 1,001.14 1,082.50 1,387.55 23.93 25.80 30.50

Average 897.23 1,027.34 1,262.74 22.89 25.42 28.09

 MONTHLY AVERAGE SUGAR PRICES IN METRO MANILA
Crop Year 2003-2004

Period WHOLESALE (Peso per LKg) RETAIL (Peso per Kilo)

Raw Washed Refined Raw Washed Refined

September '03 927.25 1,128.37 1,223.61 23.12 25.88 27.41

October 928.60 1,129.71 1,241.57 23.09 25.91 27.39
November 933.80 1,131.54 1,240.64 22.94 25.91 27.43
December 839.28 1,006.67 1,140.28 23.05 25.97 27.47

January ' 04 797.25 1,050.00 1,145.63 23.04 25.97 27.47

February 798.78 1,051.00 1,147.88 22.79 25.54 27.16
March 806.13 1,053.00 1,153.00 22.63 25.30 26.91
April 806.60 1,053.75 1,154.88 22.62 25.28 26.86
May 806.75 1,054.00 1,153.75 22.35 25.23 26.92
June 806.75 1,054.25 1,152.75 22.53 25.33 26.84
July 808.80 1,055.00 1,153.00 22.43 25.37 26.82
August 818.50 1,055.00 1,153.05 22.43 25.37 26.82

Average 839.87 1,068.52 1,171.67 22.75 25.59 27.13

MONTHLY AVERAGE SUGAR PRICES IN METRO MANILA

Crop Year 2002-2003

Period WHOLESALE (Peso per LKg) RETAIL (Peso per Kilo)

Raw Washed Refined Raw Washed Refined

September '02 983.66 1,151.04 1,220.07 22.60 25.55 27.42

October 1,002.75 1,183.58 1,211.03 22.73 25.45 27.62
November 973.73 1,169.25 1,208.25 23.13 25.88 27.48
December 951.88 1,000.00 1,200.00 23.17 25.91 27.43

January '03 915.42 1,095.56 1,196.55 23.10 25.90 27.39

February 912.78 1,107.66 1,214.75 23.12 25.96 27.28
March 899.46 1,086.22 1,198.96 23.12 25.95 27.31
April 892.70 1,074.15 1,168.32 23.13 25.93 27.31
May 891.32 1,083.47 1,182.31 23.10 25.95 27.31
June 896.43 1,087.38 1,193.13 23.13 25.88 27.17
July 903.88 1,089.33 1,202.37 23.09 25.80 27.24
August 925.50 1,098.38 1,229.37 23.18 25.99 27.40

Average 929.13 1,102.17 1,202.09 23.05 25.85 27.36