DTI pushes rice price watch
THE Department of Trade and Industry conducted a simultaneous price monitoring for imported rice across various public markets.
The initiative underscores the DTI’s commitment to its mandate of protecting consumers and maintaining fair pricing for essential commodities, particularly rice.
In South Cotabato at the Koronadal City Public Market, prices ranged between P47 to P58 per kilogram, with retailers compliant with price guidelines and statutory requirements.
In Tacurong City, Sultan Kudarat, imported rice prices recorded between P54 to P58 per kilogram.
In Sarangani at the Alabel Public Market, imported rice was priced at P52 per kilogram.
The Department of Agriculture announced that the maximum suggested retail price (MSRP) for imported rice nationwide was lowered from P55 to P52 per kilo starting February 15, and will be further reduced to P.149 per kilo by March 1.
