P85/kilong SRP sa asukal, nais itakda ng Sugar Regulatory Administration | UB
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NewsTranscript
00:00 The price of sugar is now reaching P100 or more per kilo of sugar in the markets.
00:04 That's why the Sugar Regulatory Administration wants to increase the suggested retail price.
00:10 That's the first news of Bernadette Reyes.
00:12 This Christmas, the Filipino diet will be sweeter
00:21 from the long-awaited bibingka and puto bumbong every Christmas Eve
00:28 to the sweet snacks like noche buena.
00:32 The demand for breakfasts like cake, leche flan and rice is getting stronger.
00:40 The main ingredient of those is sugar.
00:43 The farm gate price of sugar is now going down by P10.
00:49 But when it comes to some supermarkets, the price is still low, reaching P100 per kilo or more.
00:58 Marites is still having a hard time pricing her store's rice.
01:03 When the sugar price goes up, we will increase it by P20.
01:07 That's why the Sugar Regulatory Administration wants to increase the suggested retail price.
01:13 We've been pushing for an P85 SRP.
01:16 The only hang-up I know is how will it be enforced.
01:21 Some are saying that it's just an SRP suggested.
01:25 So what do we do if it's not followed?
01:28 In case it's followed, the Department of Food and Industry is ready to monitor if it's implemented.
01:34 Even if the retail price is suggested, we still have the strength to implement it
01:40 because all of the manufacturers and retailers, that's the price in the market that they suggested.
01:49 Some retailers are in favor.
01:50 So that the buyers won't get confused.
01:54 This is the first news. Bernadette Reyes for GMA Integrated News.
02:00 (In Tagalog)
02:01 (In Tagalog)
02:03 (In Tagalog)
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02:11 (♪♪♪)