Erwin Goc-ong, president of the resident of Cebu Market Vendors Cooperative and vice-chairman of the Grains Retailers Confederation of the Philippines , told CDN Digital that out of five wholesalers that he inquired from, only one still has stocks of premium rice such as Ganador, Lion Ivory and Doña Conchita.
“Kay ang mga dagko karon nga suppliers, daghan nila nga mibalibad nga wala na silay stocks hilabi na kadtong mga bugas mahalon,” Goc-ong said. Goc-ong said that in his store, his supplies for premium rice will only last for two days as their sales have quadrupled due to panic-buying.But he also observed that prices of cheaper rice have increased to P170 per bag.Rocky Valdez, regional director of the National Food Authority , said that they will be monitoring the price of rice within this week.For instance, regular-milled rice is still sold at P34.63 per kilogram. Well-milled rice is also sold at P39.
Valdez, though, assured the public that they have enough supply of NFA rice and that there’s no reason for the public to go on panic-buyingValdez told CDN Digital that they still have around 138,350 bags of rice in different warehouses in Central Visayas. NFA is only mandated to procure locally produced palay, while the importation of commercial rice is delegated to private traders. /bmjoThe comments uploaded on this site do not necessarily represent or reflect the views of management and owner of Cebudailynews. We reserve the right to exclude comments that we deem to be inconsistent with our editorial standards.
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