Philippines - Govt Prescribes Pork and Chicken Prices
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03-Dec-2009 (16 years 6 months 6 days ago)The government announced suggested retail prices (SRP) for pork, chicken and also sugar during the holiday season. Initially, that will be implemented in the National Capital Region and, after a review, the government might expand SRP coverage to the rest of the country.
The reference prices, issued as a non-binding guide for both sellers and buyers, were agreed upon by the government and the private sector in a meeting on Friday.
The SRPs are as follows: P41-P43 per kilogram for white sugar, P135-P145/kg for whole dressed chicken, P160-P165/kg for pork kasim and P170-P175/kg for pork liempo.
Ahead of the holiday season, prices of pork prime cuts and sugar rose late last week to P155-P190/kg and P42-P46/kg, respectively, from P150-P190/kg and P40-P42/kg the previous week, data from the Bureau of Agricultural Statistics show. Prevailing prices were also higher than the P160-P180/kg for pork, P120-P140/kg for chicken and P38-P40/kg for sugar late last month.
The reference prices, issued as a non-binding guide for both sellers and buyers, were agreed upon by the government and the private sector in a meeting on Friday.
The SRPs are as follows: P41-P43 per kilogram for white sugar, P135-P145/kg for whole dressed chicken, P160-P165/kg for pork kasim and P170-P175/kg for pork liempo.
Ahead of the holiday season, prices of pork prime cuts and sugar rose late last week to P155-P190/kg and P42-P46/kg, respectively, from P150-P190/kg and P40-P42/kg the previous week, data from the Bureau of Agricultural Statistics show. Prevailing prices were also higher than the P160-P180/kg for pork, P120-P140/kg for chicken and P38-P40/kg for sugar late last month.