Quantcast
Channel: UNTV News
Viewing all articles
Browse latest Browse all 18481

Agri group projects P5.00/kg price increase in rice

$
0
0

 

QUEZON CITY, Philippines – The price of commercial rice remains high despite the availability of imported rice procured by the National Food Authority (NFA) in local markets.

In Kamuning Market in Quezon City, for instance, the price of well-milled rice shot up by P2.00 a kilo.

Retailers say it is normal for the price of rice to go higher during lean months or this time of the year, but they noticed that the current prices are indeed staggering.

“Sabi ng mga dealer na kinukunan namin, ‘Kumuha ka na ng marami sinasabihan na kita kasi next week iba na naman ang presyo’,” said Cresencia Sario, a retailer at Kamuning Market.

A new delivery of the NFA rice arrived at Kamuning Market last Monday (August 14).

Its price remained at P32.00 per kilogram but also of the same quality as commercial rice which sells at P45.00 per kilogram.

The lowest price of NFA rice is at P27.00 per kilogram.

But for the agri group, Samahang Industriya ng Agrikultura (SINAG), lowering the price at this time is a challenge, as they project a P5.00 per kilogram increase in the coming days.

The reason, the group said, is the shortage of buffer stock in national warehouses.

“Ang nakikita lang natin iyong local buffer stock is nasa 200,000 metric tons more or less. So good for 5 to 6 days na lang iyon. Iyong sa NFA 250,000 metric tons good for (5 to 6 days also),” said Rosendo So of SINAG. – Rey Pelayo / Marje Pelayo

The post Agri group projects P5.00/kg price increase in rice appeared first on UNTV News.


Viewing all articles
Browse latest Browse all 18481

Trending Articles


Vimeo 10.7.1 by Vimeo.com, Inc.


UPDATE SC IDOL: TWO BECOME ONE


KASAMBAHAY BILL IN THE HOUSE


Girasoles para colorear


Presence Quotes – Positive Quotes


EASY COME, EASY GO


Love with Heart Breaking Quotes


Re:Mutton Pies (lleechef)


Ka longiing longsem kaba skhem bad kaba khlain ka pynlong kein ia ka...


Vimeo 10.7.0 by Vimeo.com, Inc.


FORECLOSURE OF REAL ESTATE MORTGAGE


FORTUITOUS EVENT


Pokemon para colorear


Sapos para colorear


Smile Quotes


Letting Go Quotes


Love Song lyrics that marks your Heart


RE: Mutton Pies (frankie241)


Hato lada ym dei namar ka jingpyrshah jong U JJM Nichols Roy (Bah Joy) ngin...


Long Distance Relationship Tagalog Love Quotes