To ensure that consumers are being protected from price irregularities, the Department of Agriculture (DA) will set suggested retail price (SRP) on agri products.
Respectively, DA will also determine, recommend, and enforce price ceilings when necessary as the rules and regulations implemented.
“DA is directed, whenever necessary, to issue SRP for any or all basic necessities and prime commodities under its jurisdiction for the information and guidance of producers, retailers, and consumers,” DA Secretary William Dar said.
“DA Administrative Circular No. 01 signed on Feb. 20 covers Metro Manila markets only,” Dar added.
SRP on agri products (per kilogram)
• Pork (pigue/kasim) – PHP190;
• Chicken (whole, dressed) – PHP130;
• Sugar (raw, brown) – PHP45;
• Sugar (refined) – PHP50;
• Bangus (cage-cultured) – PHP162;
• Tilapia (pond-cultured) – PHP120;
• Galunggong (imported) – PHP130;
• Garlic (imported) – PHP70;
• Garlic (local) – PHP120; and
• Red onion (imported) – PHP95.
Moreover, Secretary of agriculture emphasized that DA will regularly conduct monitoring of these agri-fishery commodities to protect consumers against hoarding and profiteering of unscrupulous traders and cartels, who manipulate for their advantage the supply, distribution, marketing and prices of basic agri-fishery goods.
To strengthen the monitoring of the prices on in public markets, DA will work together with Department of Trade and Industry (DTI), Department of the Interior and Local Government (DILG), and respective LGUs (local government units) in Metro Manila.
“The SRP circular will be published on Saturday (Feb. 21) in two national newspapers, and takes effect three days after, or on Monday (Feb. 24),” the Philippine News Agency reported.
Reference: DA sets SRP on agri products