Agriculture department sets suggested prices for rice, other goods
2018-06-25

MANILA, Philippines – To avoid further abnormal movement of prices in local markets, the Department of Agriculture (DA) set a suggested retail price (SRP) scheme for 8 agricultural products on Monday, June 25.

Agriculture Secretary Emmanuel Piñol said the department order covers only Metro Manila markets. The SRP scheme will be rolled out to other regions in the coming days.

Piñol also clarified that the order does not cover supermarkets and malls.

Under the order, the SRP of regular milled rice was pegged at P39/kilo. Prices of regular milled rice had soared due to depleted National Food Authority (NFA) rice stocks.

Meanwhile, popular fish like milkfish (P150/kilo), tilapia (P100/kilo), and galunggong (P140/kilo) were also covered in the DA order.

Red onions and white onions have SRPs of P95/kilo and P75/kilo, respectively.

Imported garlic (P70/kilo) and local garlic (120/kilo) were also covered in the order.

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