SAN JOSE DE BUENAVISTA, Antique – The price of rice is now going down based on the Special Price Monitoring of the Department of Trade and Industry (DTI) Antique provincial office.
DTI Senior Trade and Industry Development Specialist Lynna Joy Cardinal said Tuesday that they have been instructed by their provincial director for a special monitoring of rice and meat products from September 13 to 15.
DTI regularly conducts monitoring of prime and basic commodities only.
During the monitoring, they found out that the price of rice is going down.
“Based on our monitoring the seven tonner well milled rice from the previous price of PHP52 per kilogram has gone down to PHP48 per kilogram,” she said.
She also said the price of IR-64, which used to sell in the previous weeks for PHP50 per kilogram, has gone to PHP47 per kilogram while Sinandomeng is being sold now at PHP54 from PHP55 per kilogram.
Cardinal said the price reduction is also true for regular milled rice.
“The rice retailers in San Jose de Buenavista where we conducted the price monitoring said that the price reduction is already due to the harvest season,” she said.
Cardinal said since Antique is not much affected by Typhoon Ompong, the price of rice was not affected.
“The retailers also said that they have adequate stocks of rice to be sold in the market,” the DTI personnel said.
As for the price of meat products, lean pork remained at PHP220 per kilogram at the San Jose Tradetown. The price of beef from PHP260, however, slightly increased to PHP280 per kilogram.
“Traders claimed that the current PHP280 per kilogram price of beef however could be negotiated by the consumers,” Cardinal said.(Annabel Consuelo Petinglay/PNA)
