Well-milled rice retail prices fall in four major trading centers

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THE average retail price of well-milled rice fell in four major trading centers on Oct. 15-17, according to the Philippine Statistics Authority (PSA).

The PSA said in a report that the prices logged during the period known internally as the second phase of October had a comparative period of Oct. 1-5, which was the first phase.

The average retail price of well-milled rice fell in Butuan City by P1.52 to P38.18 per kilogram (/kg).

Also posting declines were prices in Legazpi City (down 94 centavos at P37.62), followed by the National Capital Region (NCR) (down 83 centavos at P42.02), and Kidapawan City (down 56 centavos at P39.43).

The average retail price of well-milled rice increased in Batangas City by P2.85 to P47.25/kg, followed by Tacloban City, where prices rose P1.06 to P44.58, and Digos City, where they rose 74 centavos to P42.95.

The PSA said the average retail price of bone-in pork declined in six trading centers.

Batangas City prices fell P26.50 to P286/kg, followed by Cabanatuan City (down P25 at P275), Cebu City (down P10.83 at P195), Butuan City (down P9.91 at P250), the NCR (down P5.56 at P264.29), and Digos City (down P5.10 at P275.51).

Prices rose in Calapan City (up P27.63 at P285.47), San Fernando City (up P20 at P320), and Cagayan de Oro City (up 50 centavos at P180).

The PSA said the average retail price of round scad (galunggong) increased in nine trading centers, led by Cabanatuan City (up P110 at P250/kg), followed by Iloilo City (up P12.47 at P174.55), Butuan City (up P12.11 at P195.95), Calapan City (up P11.11 at P244.44), Baguio City (up P9.71 at P179.71), Pagadian City (up P8.75 at P105), Batangas City (up P5.63 at P299.25), the NCR (up P3.89 at P230.64), and Kidapawan City (up P3.72 at P156.28).

Prices declined in San Fernando City (down P35 at P145/kg), Tuguegarao City (down P10 at P190), and Digos City (down P5 at P150).

The PSA said the average retail price of red onion rose in eight trading centers.

Legazpi City prices rose P19.53 to P173.02/kg), as did those in Iloilo City (up P11.79 at P121.79), the NCR (up P7.10 at P127.98), Cabanatuan City (up P5 at P125), Pagadian City (up P3.93 at P118.03), Baguio City (up P3.92 at P100), Kidapawan City (up P3.51 at P110.53), and Digos City (up P2.50 at P130).

Prices fell in Calapan City (down P30 at P125/kg), in Butuan City (down P14.83 at P130), and San Fernando City (down P10 at P120). — Revin Mikhael D. Ochave