Gov’t urged to control market prices


With the apparent difficulty of the Department of Agriculture (DA) and Department of Trade and Industry (DTI) to control the increase in market prices, Senator Imee R. Marcos called on the government to roll out its Kadiwa stores as soon as possible to address the situation. 

Senator Imee R. Marcos
(Senate of the Philippines / FILE PHOTO / MANILA BULLETIN)

Kadiwa stores were put up during the Marcos presidency, the chair of the Senate economic affairs committee said Friday. 

Ten days since President Duterte put the entire Luzon under a state of calamity in the aftermath of Typhoon “Ulysses,” the DA and the DTI have been unable to control the spike in Metro Manila’s market prices, particularly of vegetables and root crops grown in the North, Marcos noted. 

“Lip service is all we are getting from the DA and DTI. There is no price control taking effect,” Marcos said. 

She explained that market vendors could not comply with suggested retail prices (SRPs) set by the government due to the limited supply of goods amid high demand, add to that the mark-up costs of middlemen. 

“Where are the government’s Kadiwa rolling stores when they’re needed most? The concept of lowering food prices by buying directly from farmers and removing middlemen in the equation worked more than 40 years ago and will still work today,” Marcos said. 

Marcos added that Republic Act 7581, known as the Price Act, provides for a buffer fund that the DA could use to add the number of its Kadiwa rolling stores and reach consumers on a larger scale. 

“Vigorous price monitoring or even arrests will amount to little amid overwhelming market forces. The government must intervene in the supply chain by rolling out more Kadiwa stores,” Marcos said. 

Surveys conducted by Senator Marcos’s office showed discrepancies between published SRPs and actual prices per kilo in some Metro Manila wet markets before and after Ulysses: 

  • String beans - ex 90, now 150, SRP 80
  • Eggplant - ex 100, now 150, SRP 60
  • Ampalaya - ex 100, now 220, SRP 80
  • Tomatoes - ex 140, now 160, SRP 100
  • Cabbage – ex 80, now 100, SRP 80
  • Baguio petchay - ex 60, now 120, SRP 80
  • Baguio beans -  ex 80, now 160, SRP 100
  • Sayote - ex 25, now 35, SRP 30
  • Carrots - ex 60, now 100, SRP 80
  • Potatoes - ex 50, now 70, SRP 70
  • Onions - ex 80, now 100, SRP 100
  • Garlic - ex 80, now 100, SRP 100