70% of meat stalls at Pasig Mega Market to close due to price cap

Published February 9, 2021, 3:51 PM

by Jel Santos

Around 70 percent of meat stalls at the Pasig Mega Market will close on Wednesday (February 10) as it is impossible for them to comply with the price ceiling of the national government, Pasig Mega Market’s Meat Section president Benjamin Viray said on Tuesday (February 9).

(UNSPLASH / MANILA BULLETIN)

There are 196 meat stalls in the Meat Section of the Pasig Mega Market.

“Ngayong araw po nasa kalahati lang ang nagbukas na meat stalls. ‘Yung iiba po, napilitang magsara na lang, hindi po talaga naming kaya ang price ceiling ni Duterte, malulugi po kami (Today, only 50 percent of meat stalls are open. The others just opted to close, because they go bankrupt should we follow Duterte’s price ceiling),” he said in a phone interview.

“On Wednesday nasa 70 percent na ang magsasara na meat stalls. Nagbebenta na lang po kasi nang palugi ang iba para may makuha kahit papaano (On Wednesday, about 70 percent of the meat stalls will be closed. Some of them are open because they are trying to dispose their meat products by selling it at a loss),” he said.

According to him, meat stall owners buy pork for P280 per kilo from their suppliers, but the dilemma is, the government’s price ceiling for pork is P270 per kilo, meaning they will have to sell it at a loss should they decide to still continue selling.

It is worth noting that these meat stall owners also pay monthly rent of their stalls above other operating expenses.

Viray said they will be able to comply with the price ceiling should the government provide them with low-priced supply of meat.

“Kung magpapatuloy po ang price ceiling, maari pong wala nang magtitinda ng karne sa Pasig Mega Market (If the price ceiling will continue, there might no more stalls selling meat products at the Pasig Mega Market),” he said.

On February 1, Pres. Duterte signed an executive order (EO) imposing price ceiling on selected pork and poultry products sold in the National Capital Region for 60 days.

Under EO No. 124, the price cap for pork pigue was set at P270 per kilo and for pork liempo at P300 per kilo. As such, it sets a price cap of P160 for a kilo of dressed chicken.

 
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