Prices of rice, other agri commodities up slightly

MANILA -- Prices of rice and other selected agricultural commodities rose slightly in third week of January 2018, the Philippine Statistics Authority (PSA) reported on Thursday.

The PSA said a price increase of PHP1 per kilo of special and premium rice was noted in Tuguegarao City and Naga City; and of premium rice in Kidapawan City and Butuan City. However, it went down by PHP1 in Tacloban City.

Price of well-milled rice gained PHP3 per kilo in Kidapawan City and by PHP2 in the National Capital Region and Naga City.

Price mark-ups ranging from PHP0.50 to PHP3 per kilogram of regular milled rice were observed in six regional centers while price was lower by PHP1 in Tuguegarao City.

The PSA said only few regional centers showed price adjustments in meat, with price uptick of PHP10 per kilogram of beef with bones noticed in Cagayan de Oro City, and of pork lean meat in Batangas City.

Increases ranging from PHP2 to PHP20 per kilogram of dressed chicken were recorded in Cagayan de Oro City, Baguio City and Cotabato City.

Beef with bones was sold cheaper by PHP10 in Butuan City, while prices of pork liempo went down by PHP10 in San Fernando City.

The report also noted varied price movements for monitored fish species in some regional centers; while vegetables register mixed price adjustments this week.

The PSA monitors prevailing weekly retail prices in 17 trading centers. (PNA)