• last week
Epektibo na simula ngayong araw ang P55/kg na maximum suggested retail price sa imported na bigas. Sa mga palengke sa Metro Manila muna 'yan ipinapatupad, kaya nag-inspeksyon ang agriculture department para matiyak na nasusunod.


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Transcript
00:00Effective from today, 55 pesos per kilo is the maximum suggested retail price for imported rice.
00:07In the markets in Metro Manila, it is being implemented first.
00:10That's why the Agriculture Department inspected it to be sure that it will be followed.
00:15This is Bernadette Reyes.
00:20The maximum suggested retail price for 5% broken and imported rice in Metro Manila
00:25for 5% broken and imported rice in Metro Manila from today.
00:30To be sure that it will be followed,
00:32the Market Administration Office of PASIG inspected the PASIG Public Market.
00:37For the residents to be able to buy low-priced rice.
00:43The buyer changed the price before the store opened.
00:46This is the old 56, so we made it 55.
00:50We earn even a little.
00:52But some can't lower the price right away.
00:55We will lower the price before February 15,
00:59as long as we can finish our old stock.
01:02According to the Department of Agriculture,
01:04there is no need to issue a Notice of Violation as long as it follows the new price at an earlier time.
01:10The target is to lower the price to 49 pesos per kilo in March.
01:15Others really buy the stock that is higher.
01:18It's always like that. We are okay with that.
01:21And then to others, because their supply has reached a lower price,
01:25they immediately comply with the 55 pesos.
01:28The competition of 49 is the price in the international market that we saw initially.
01:35With the trend that we are experiencing now, we can do it.
01:40In February 15, the maximum SRP will also be implemented in the provinces.
01:45But just now, some rice sellers in Bulacan said
01:49that they can't lower the price to 55 pesos per kilo.
01:53Because the demand for imported rice is high,
01:56they will lose up to 150 pesos per kilo.
02:00According to the Department of Agriculture,
02:02the government's target is to lower the price of rice to this level before July 2023.
02:08The target is 41 pesos per kilo for regular milled rice,
02:12and 45 pesos for well-milled.
02:15Meanwhile, like rice, the maximum SRP will also be implemented for pork.
02:20They will also discuss how much and when it will be implemented.
02:24For example, in rice, the landed cost is low,
02:27but it's being sold at a higher price in retail.
02:31It's the same with pork.
02:32We're seeing prices 4.60, 4.50.
02:36So, we can really see that there is a wrong pricing when it comes to the market.
02:42For GMA Integrated News, Bernadette Reyes, Nakatutok, 24 Hours.
02:50For GMA Integrated News, Bernadette Reyes, Nakatutok, 24 Hours.

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