SAN JOSE, Antique – The price of rice in Antique is dropping, according to the Department of Trade and Industry (DTI).
The DTI based this on its special price monitoring conducted in markets in the province.
The monitoring focused on the prices of rice and meat products from Sept. 13 to 15, said senior trade and industry development specialist Lynna Joy Cardinal on Tuesday.
The DTI regularly conducts monitoring of prime commodities only.
“Based on our monitoring, the seven-tonner well-milled rice from the previous price of P52 per kilogram has gone down to P48 per kilogram,” Cardinal said.
She added that the price of IR-64 rice has dropped from P50 per kilogram to P47 per kilogram.
The price of Sinandomeng rice, from P55 per kilogram in the previous weeks, also dropped to P54 per kilogram.
The price of regular-milled rice has also gone down, Cardinal added.
“Rice retailers in San Jose de Buenavista – where we conducted the price monitoring – said the price reduction is due to the harvest season,” the DTI official said. “The retailers also said that they have adequate stocks of rice to be sold in the market.”
Meanwhile, the price of lean pork remained at P220 per kilogram at the San Jose Tradetown.
But the price of beef from P260 increased to P280 per kilogram. (With PNA/PN)
