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BAS Media Service: Price Situationer

Tomato and Calamansi Prices in Downward Trend

Period Covered: August 10 - 18 , 2011

commodityShipments of tomatoes from Ilocos provinces and Batangas augmented supply coming from Mindanao. Supply inched up over the week. A 6.0 percent price reduction was recorded at bulk trade while prevailing retail price was P10 per kilogram lower than the previous price of P50.

 

commodityCalamansi started to show similar price movement. The increasing volume of unloadings of this citrus fruit from traditional sources such as Mindoro provinces and Nueva Ecija allowed a P10 per kilogram price cut from the prevailing retail quotation of P50 last week.

Meanwhile, other fruits in abundance this week were avocado which was sold at P50 to P60 per kilogram, santol (native) which was quoted P20 to P25 per kilogram and melon which was offered at P40 to P50 per kilogram.

Wholesale prices were slightly higher for cabbage, carrots, chayote, ampalaya and stringbeans during the week. However, retailers cited that due to slow market absorption, they maintained their old selling prices.

Exceptions were eggplant and pechay Baguio (wongbok). There was a 100 percent increase in the price of eggplant and a 4.0 percent increase for pechay Baguio at wholesale counters.

Price increases were reflected at retail. Last week's price quotation for eggplant of P30 per kilogram rose to P50. The P35 per kilogram selling price of pechay (wongbok) increased to P40 this week.

commodityAmong the fishery indicator commodities, only alumahan recorded a P20 price cut at wet markets surveyed. The prevailing price last week was P120 per kilogram. Price increments of P10 to P20 were noted for bisugo, lapu-lapu and blue crab which prevailed at P160, P280 and P220 per kilogram, respectively.

Prices for all other basic items like rice, bottled cooking oil, sugar, meat and poultry remained stable with the slightly reduced market requirements and sufficient supply.

 

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