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BAS Media Service: Price Situationer

Typhoon “Mina” Sent Vegetable Prices Up

Period Covered: August 24 - September 1 , 2011

The impact of typhoon "Mina" on farm products, specifically, vegetables coming from the growing areas in Northern part of Luzon came in the form of higher prices in Metro markets. Some landslides in Benguet caused difficulties in transporting vegetables from production sites and has apparently disturbed the flow into the Metropolis.

commodityAt the start of this reference week, delivery trucks coming into Divisoria and Balintawak wholesale markets were reportedly few and with limited loads. Prices went up by 25.0 percent for habitchuelas; 38 percent for white potato; 53.0 percent for pechay Baguio; 94.0 percent for chayote and 100 percent for carrots.

Similarly, radish, tomato pechay native and stringbeans were more expensive this week.

At the retail markets, the same vegetables were priced higher. Prices increased by P20 per kilogram for carrots, habitchuelas and pechay Baguio (wongbok). Chayote, white potato, stringbeans and tomato were tagged P10 per kilogram higher compared to their prevailing quotations before the typhoon.

At the fish counters, the inclement weather and rough seas made fishing difficult which kept supply of marine fish lower than last week's level. A P10 per kilogram price increase from last week's asking was posted for Indian Mackerel (alumahan), threadfin bream (bisugo) and milkfish. Grouper's (lapu-lapu) prevailing retail price of P240 per kilogram last week inched-up to P280 this week.

Meanwhile, tilapia, round scad, frigate tuna and caesio (dalagang bukid) continued to prevail at the previous week's price quotations.

commodityPrices of other basic commodities like rice and cooking oil remained stable.

Pork ham (pigue) and chicken prices stood firm at P170 and P130 per kilogram, respectively.

Price of white or refined sugar went down by P2 per kilogram. Last week's retail price of P46 dropped to P44 per kilogram this week.

At the fruit market, a 17 kilogram "kaing" of mango was sold at P1,200 at Mega Q-Mart wholesale counters.

commodityMeanwhile, at retail, medium-sized mango was still quoted at P80 per kilogram.

Price of calamansi continued to drop as supply became more than adequate to meet consumption needs.

 

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