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Manila Bulletin devider Philippines devider National devider Most expensive rice in NCR now at P68; cheapest at P33, DA data shows

Most expensive rice in NCR now at P68; cheapest at P33, DA data shows

Published Nov 28, 2023 07:00 am

 

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(MB FILE PHOTO/ NOEL PABALATE)

The most expensive rice that can be purchased in the National Capital Region (NCR) is Local Special which ranges from P50 to P68 a kilo.

This was based on the price monitoring data of the Department of Agriculture (DA) released on Tuesday, Nov. 28.

Meanwhile, the cheapest retail price of rice in the metropolis is Local Regular Milled which sells for around P33 to P52 per kilo.

Ironically, the price of rice went up despite the pronouncement of the DA last Nov. 14 that at least 90 percent of palay in the country has already been harvested.

The most expensive retail price of rice in the NCR on Sept. 12 was only P65 per kilo. According to the record of the agriculture department, Imported Special was only retailed for P53 to P65.

The agriculture department even assured Filipino consumers of “enough affordable supply of rice in the market” due to the wet season harvest.

Agriculture spokesperson Assistant Secretary Arnel de Mesa stated that the country is expecting a total yield of 3.063 million metric tons (MMT) for November and December.

“Based on data and information from the Philippine Rice Information System, it is generally a good harvest year for the Filipino rice farmers,” he earlier said.

The DA said its market price monitoring in Metro Manila covered Commonwealth, Guadalupe, Las Piñas, Malabon, Marikina, Mega Q-Mart, Muntinlupa, Muñoz, Pasay, Pasig, Pritil, Quinta, and San Andres.

To recall, President Marcos said during his campaign that he was aspiring to bring down the price of rice to P20 per kilo.

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